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Rental Bubble also Bursting


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2014 Feb 20, 10:01am   1,516 views  2 comments

by MandyLifeboats   ➕follow (0)   💰tip   ignore  

http://www.zerohedge.com/news/2014-02-20/rental-bubble-also-bursting

And as the Emerging Market hot money wave turns (thank you taper) and as recyclable capital suddenly becomes scarce, look for this trend to hit the major metropolitan centers next, as even the wealthy investors finally pull back from the luxury US housing market.

#housing

Comments 1 - 2 of 2        Search these comments

1   hanera   2014 Feb 20, 10:15am  

Zero Hedge is a permabear in almost everything.

2   epitaph   2014 Feb 20, 10:25am  

The job growth will be mostly in the service sector. But don't worry I heard those guys working over at Starbucks for minimum wage have a hard on for 5k+ penthouses studio apartments.

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