The Housing Bubble Still Has More Hot Air To Deflate


By Bubbabear   Follow   Thu, 20 Dec 2012, 2:03pm   390 views   2 comments
In Yorba Linda CA 92886   Watch (0)   Share   Quote   Permalink   Like   Dislike (1)  

http://hotair.com/archives/2012/11/19/yikes-the-federal-housing-administration-isnt-looking-too-good-is-it/

Of President Obama and the Democrats’ many refrains that irk me to no end, the incessant iterations of “we need to further regulate big finance and kill the Bush tax cuts in order to avoid the policies that got us here in the first place” are among the worst.

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  1. bmwman91


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    1   2:29pm Thu 20 Dec 2012   Share   Quote   Permalink   Like   Dislike  

    You are missing the part where it is currently getting jammed full of a lot more hot air. It's going to blow real big before it deflates again.

  2. Bubbabear


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    2   7:10pm Thu 20 Dec 2012   Share   Quote   Permalink   Like (2)   Dislike  

    bmwman91 says

    jammed full of a lot more hot air.

    "I have never seen a market where over half of the buyers paid cash and over 1/3 of the sales were financed via the FHA, leaving only 14% of sales in the "other" category.
    "Wait a while. This puppy ain't even begun to pee all over the carpet.

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