)The top 100 stock
market authors
selected for publication
market authors
selected for publication
Bob Sherman » Comments » IYR
-
The Seeking Alpha 100
See all
Seeking Alpha 100 » -
Fastest Climbers
Authors with the largestSee all
increase in followers
in the last 7 days
Fastest Climbers » -
Top Commenters
Top commenters,See all
as ranked by their peers
Top Commenters » -
Top Instabloggers
The 100 most activeSee all
Instabloggers.
Top Instabloggers » -
Top StockTalkers
TopSee all
StockTalkers.
Top StockTalkers »
Housing Solution: Crashing Home Prices or Cheaper Mortgages? [View article]
Simply raising wages would cause significant inflation. Everything we consume would go through the roof. If companies believe people have extra income, they will get it from them.
Houses are over-valued. Americans are too deep in debt. Yet, the Governments answer is to get us deeper in debt. They can artificially prop up home prices but they are only delaying the inevitable. What goes up must come down and if Americans are smart they won't jump at home buying until values drop to where you can buy a home for 1.5-2 times your income.