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Fed's Fisher Warns of U.S. Housing Bubble Signs


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2013 Oct 24, 1:16am   2,072 views  6 comments

by retire59   ➕follow (1)   💰tip   ignore  

http://www.thefiscaltimes.com/Articles/2013/10/17/Feds-Fisher-Warns-US-Housing-Bubble-Signs?source=Patrick.net

A top Federal Reserve official said on Thursday he is seeing fresh signs of a U.S. "housing bubble" and warned about the central bank's ongoing purchases of mortgage-based bonds. "I'm beginning to see signs not just in my district but across the country that we are entering, once again, a housing bubble," Dallas Fed President Richard Fisher told reporters after a speech in New York. "So that leads me ... to be very cautious about our mortgage-backed securities purchase program.

#housing

Comments 1 - 6 of 6        Search these comments

1   freak80   2013 Oct 24, 1:58am  

Housing bubble? Where?

http://www.multpl.com/case-shiller-home-price-index-inflation-adjusted/

If there's a bubble starting to form, I'd say it's in stocks.

2   HEY YOU   2013 Oct 24, 2:10am  

Paying over 50% of today's listing price is creating a bubble.

3   bubblesitter   2013 Oct 24, 2:21am  

House prices always go up! Bubble applies every where except house prices, really!

4   ttsmyf   2013 Oct 24, 7:09am  

Hey,

"The Public Be Suckered (that's you)"
http://patrick.net/?p=1230886

5   exfatguy   2013 Oct 24, 7:33am  

It's different this time. Bubbles are the new normal.

6   justme   2013 Oct 24, 9:10am  

Yup, watch out for the stock bubble instead.

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