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The Housing Bubble Still Has More Hot Air To Deflate

By Bubbabeefcake   2012 Dec 20, 6:03am   594 views   2 comments   watch (0)   quote      

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.

#housing

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1   bmwman91     2012 Dec 20, 6:29am  ↑ like   ↓ dislike   quote    

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   Bubbabeefcake     2012 Dec 20, 11:10am  ↑ like (2)   ↓ dislike   quote    

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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