Lower Housing Prices May Signal Economic Downturn
Read Between All Those For-Sale Signs
REAL bubbles pop.
They are fully formed one moment and gone the next. Financial bubbles rarely meet with such a definitive end, which has always been the biggest problem with the metaphor. They let out their air in unpredictable bursts, and it’s usually impossible to figure out whether they have finished deflating or are just starting to. Still, the latest housing numbers seem like they could be a turning point. A real estate crash might not be the most likely outcome, but it certainly seems legitimate to think about what one would look like.
Trends In Real Estate Sales
Lower Housing Prices May Signal Economic Downturn
REAL bubbles pop.
They are fully formed one moment and gone the next. Financial bubbles rarely meet with such a definitive end, which has always been the biggest problem with the metaphor. They let out their air in unpredictable bursts, and it’s usually impossible to figure out whether they have finished deflating or are just starting to. Still, the latest housing numbers seem like they could be a turning point. A real estate crash might not be the most likely outcome, but it certainly seems legitimate to think about what one would look like.
Trends In Real Estate Sales
Lower Housing Prices May Signal Economic Downturn
posted by Victor Lloyd Smith @ 5:03 PM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home