Thursday, November 24, 2005

Bubble Basics

In the vast majority of the bubble markets, price appreciation is either negative or is basically at zero.

  • Interest rates are rising
  • ARMs are adjusting
  • Property taxes are rising
  • High winter heating costs are coming
  • Housing inventory is building
  • New bankruptcy laws have been implemented
  • Increased minimium credit card payment are coming soon.
  • Housing bubble awareness is increasing
The housing 'loud hiss' continues to loudly hiss. The RE cheerleaders are claiming that the slowdown is seasonal. They are wrong.
Posted by David at 12:55 AM

1 comment:

  1. bloggerNovember 25, 2005 12:27 PM

    I think "Awareness Increasing" is perhaps most important... Ponzi schemes die when people figure out it's a ponzi scheme

    http://housingpanic.blogspot.com

    ReplyDelete

Subscribe to: Post Comments (Atom)