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Bubble,Bubble, Toil & Trouble


By HEY YOU   Follow   Mon, 29 Apr 2013, 2:18pm PDT   337 views   1 comment
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http://www.zerohedge.com/news/2013-04-29/presenting-housing-bubble-20

It was just seven short years ago that the prices at the epicenter of the housing bubble, Los Angeles, CA rose by 50% every six months as the nation experienced its first parabolic move higher in home prices courtesy of Alan Greenspan's disastrous policies: a time when everyone knew intuitively the housing market was in an epic bubble, yet which nobody wanted to pop because there was just too much fun to be had chasing the bouncing ball, not to mention money.

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mell   Mon, 29 Apr 2013, 2:22pm PDT   Share   Quote   Permalink   Like (1)   Dislike     Comment 1

“It needs to be cash, it needs to be over ask, and (the listing) will never see the light of day,” - yeah baby, it has never been a better time to buy, call your agent now ;)

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