- 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
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.
Thursday, November 24, 2005
Bubble Basics
In the vast majority of the bubble markets, price appreciation is either negative or is basically at zero.
I think "Awareness Increasing" is perhaps most important... Ponzi schemes die when people figure out it's a ponzi scheme
ReplyDeletehttp://housingpanic.blogspot.com