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Patrick too quiet on housing bubble 2.0?


               
2018 Nov 27, 10:54am   10,150 views  52 comments

by whitewater   follow (0)  

I remeber the fever pitch on Patrick in 2006-2008.

I don't see the fever pitch of emotions and debate and discussion for housing bubble 2.0.

Why? I offer possibilities:

1. It's too early. Another 2-3 years before enough people wake up and then it will pop.

2. We are too busy making money.

3. We are too busy trying to survive from corporate layoffs and small business squeeze.

4. We are lethargic because we have seen this before and we don't care as much. The novelty of calling it when no one else would admit it is gone.

5. It doesn't exist. Housing is affordable and in line with personal income and there is no crisis looming.

What says Patrick?

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52   mell   2018 Dec 12, 4:08pm  

epitaph says
Are we ever going to get Logan back?


Not if housing goes south. He was too bullish.

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