hugho

A Housing Bubble Within a Bubble

Mark, you have a smart head on your shoulders. Be careful where you buy esp if it's a distant suburb. When energy starts to get pricey in the next 10 years, those distant suburbs will become mighty cheap meth slums. The exodus from them could start sooner than any of us think. The first step will be declining property values, perhaps grid interruptions a la South Africa or China(I don't want no stinkin nuke or power plant in my neighborhood!!) Try to look ahead.