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.

1 comment:

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

    http://housingpanic.blogspot.com

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