For the U.S. housing market, it’s déjà vu all over again


By Patrick   Follow   Thu, 15 Nov 2012, 10:45pm   561 views   2 comments
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http://www.bizjournals.com/boston/blog/bottom_line/2012/11/for-the-us-housing-market-its-deja.html?source=Patrick.net

Let me begin by clarifying that, when it comes to speculating in the housing market, I have no dog in the fight; Having recently completed my third home purchase in 10 years, I have sworn off this costly and largely anticlimactic practice forevermore. That said, I am of the opinion that everyone and their mother should be extra cautious when dabbling in real estate these days. Look around, and its clear weve been here before. And the results werent pretty the first time. For starters, the market is clearly kicking into a higher gear. Yes, the U.S. housing sector has...

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  1. bmwman91


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    1   12:33am Fri 16 Nov 2012   Share   Quote   Permalink   Like (2)   Dislike  

    THE SPICE MUST FLOW!

  2. uomo_senza_nome


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    2   2:31am Fri 16 Nov 2012   Share   Quote   Permalink   Like (1)   Dislike (1)  

    bmwman91 says

    THE SPICE MUST FLOW!

    To the extent that home prices begin to rise, consumers will feel wealthier, they'll feel more -- more disposed to spend. If house prices are rising, people may be more willing to buy homes because they think that they'll, you know, make a better return on that purchase. So house prices is one vehicle. - Bernanke, 2012.

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