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The Housing Bubble Still Has More Hot Air To Deflate

By Bubbabear   Follow   Thu, 20 Dec 2012, 2:03pm   330 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 Follow Befriend (7) 37 threads 1,541 comments Mountain View, CA bmwman91's website Premium

   1   2:29pm Thu 20 Dec 2012   Share   Quote   Permalink   Like   Dislike   Protected   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 Follow Befriend (9) 247 threads 343 comments Yorba Linda, CA

   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.