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This is No Longer a Housing Boom or a Housing Bubble

realtybiznews.com
 2021-10-14

Cover picture for the articleWe’ve had the makings of a housing bubble for more than a year and a half. The basic ingredient for a bubble is when demand for homes exceeds the actual supply. What we do not have is the ingredient for a housing bust, which is when the demand decreases and the...

realtybiznews.com

Comments / 59

Erik Pavao
10-15

Here’s the big problem. People are buying 400k homes for 700k. When the buying slows down those prices will regulate and leave everyone deeply underwater. Same with cars.

Reply(2)
12
Duluth
10-15

I've owned a few homes in my life.With inflation,higher utilities and gas.I sold and live my 5th wheel now.Working full time and saving even more money.The market must crash before I work for a mortgage again

Reply
6
Bend & Snap
10-14

Wow. Anyone else remember these stories in 2005-2007 before the market collapsed?

Reply(14)
23

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