JREB777

Homebuilders Face Pricier Materials [Housing Tracker]

Houses will go up? Tell that to the Japanese 20 years later their houses are still worth 20% off their peak.
No! Houses and all other assets alike can go down for a long time before they get reinflated again.
So this article is wrong.
It has happend before in the economy and it will happen again.
Just because one is 40yrs old and only remembers the current cycle means nothing when assets start to deflate like some times they do.