Will Housing Bottom in 2010 or 2012? [View article]
I thought for each buyer there is a seller and that cancels that as a cause of a bubble
Ota101
On Jun 27 02:37 PM samo wrote:
> Correct...boomers retiring will aggravate situation. Residential > eal estate won't be a play for a least a decade... > > The end of all sequential, easy money bubbles is inflation...no more > assets to put your cash in so you find hard assets (commodities) > which causes prices to increase for all. Welcome to the world of > stagflation until the excesses (cash) are driven out of the system > via widescale devaluation of assets...
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I thought for each buyer there is a seller and that cancels that as a cause of a bubble
Jun 28 11:36 am
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All Comments by ota »Will Housing Bottom in 2010 or 2012? [View article]
Ota101
On Jun 27 02:37 PM samo wrote:
> Correct...boomers retiring will aggravate situation. Residential
> eal estate won't be a play for a least a decade...
>
> The end of all sequential, easy money bubbles is inflation...no more
> assets to put your cash in so you find hard assets (commodities)
> which causes prices to increase for all. Welcome to the world of
> stagflation until the excesses (cash) are driven out of the system
> via widescale devaluation of assets...