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Housing Bubble? What Bubble?

By: capt_nemo in POPE 5 | Recommend this post (0)
Tue, 19 Feb 19 3:16 AM | 35 view(s)
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February 18, 2019 12:00pm by Barry Ritholtz

As real-estate buyers, lenders, and builders got swept up in speculation before the historic housing bust of 2006-09, prices soared even as a flood of new homes came onto the market. That unsustainable combination doesn’t exist today, as told in the latest issue of Bloomberg Businessweek.

http://ritholtz.com/2019/02/housing-bubble-what-bubble/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+TheBigPicture+%28The+Big+Picture%29




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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