More Housing Bubbles?
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More Housing Bubbles?
by eric » Mon Dec 02, 2013 3:59 pm
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Re: More Housing Bubbles?
by spacemonkey » Mon Dec 02, 2013 4:04 pm
Alot of the economy is nothing but a bubble. Rent and housing cost vary alot just in America. I guess its location, location, location.
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Re: More Housing Bubbles?
by The Dharma Bum » Mon Dec 02, 2013 4:20 pm
Whenever the economy is growing its a "bubble".
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Re: More Housing Bubbles?
by The Dharma Bum » Mon Dec 02, 2013 4:23 pm
Austin is the hottest leasing market in the country and you can buy cheaper than you can rent here(monthly payment).
In any similar situation it's going to cause a bubble as housing starts will increase to meet the demand. It's been that way for two years here. I imagine the rest of the world is just now catching up.
In any similar situation it's going to cause a bubble as housing starts will increase to meet the demand. It's been that way for two years here. I imagine the rest of the world is just now catching up.
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Re: More Housing Bubbles?
by Stratego » Mon Dec 02, 2013 4:34 pm
A lot of the laws that prevented foreclosure a few years ago are due to expire, therefore there'll be more houses available in the market and prices will drop. The existing price is the bubble price.
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Re: More Housing Bubbles?
by The Dharma Bum » Mon Dec 02, 2013 7:20 pm
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