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Bubble Meter is a national housing bubble blog dedicated to tracking the continuing decline of the housing bubble throughout the USA. It is a long and slow decline. Housing prices were simply unsustainable. National housing bubble coverage. Please join in the discussion.
I hope you're right. I'd love to be able to buy a house someday within 20 miles of Boston and not have to plan for my future forcloser
ReplyDeleteI bet this will have a slow, but devastating effect. My guess is this will slowly cut off the funding for the flipping. With fewer new flippers, the current flippers will have fewer people to sell to.
ReplyDeleteImagine if the only people buying houses actually wanted to live in them, and were putting 20% down. What a concept.