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housing prices peak 2


               
2022 Apr 29, 9:29pm   826,720 views  7,296 comments

by AD   follow (0)  

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https://finance.yahoo.com/news/pimco-kiesel-called-housing-top-160339396.html?source=patrick.net

Bond manager Mark Kiesel sold his California home in 2006, when he presciently predicted the housing bubble would pop. He bought again in 2012, after U.S. prices fell more than 30% and found a floor.

Now, after a record surge in prices, Kiesel says the time to sell is once again at hand.

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7291   FortWayneHatesRealtors   2025 Dec 21, 6:57pm  

MolotovCocktail says






Is there a link to when Trump said that?
7292   MolotovCocktail   2025 Dec 21, 8:44pm  

FortWayneHatesRealtors says


Is there a link to when Trump said that?


I already posted it here:

https://patrick.net/comment?comment_id=2232497
7293   FortWayneHatesRealtors   2025 Dec 22, 8:24am  

MolotovCocktail says


FortWayneHatesRealtors says


Is there a link to when Trump said that?


I already posted it here:

https://patrick.net/comment?comment_id=2232497



Thanks. He’s trying to g to eat the cake and have it too.

Never seen a builder who was ok with real estate prices going down. The whole game is price inflation to borrow money from previous asset to put into next. Definitely explains the 50 year government backed mortgage trial balloon bullshit he tried.
7294   MolotovCocktail   2025 Dec 22, 10:04am  

FortWayneHatesRealtors says

The whole game is price inflation to borrow money from previous asset to put into next. Definitely explains the 50 year government backed mortgage trial balloon bullshit he tried.


Yup:


7295   The_Deplorable   2025 Dec 22, 11:38am  

The admin cannot "increase affordability" because we are dealing with a monopoly. Something
like 90% plus of the houses in the USA are owned by six financial companies.
7296   HeadSet   2025 Dec 22, 5:25pm  

The_Deplorable says

Something
like 90% plus of the houses in the USA are owned by six financial companies.

About 50% are Freddie Mae and Fanny Mac

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