6.08.2005

Housing Bubble

It does not mean to have your home in a bubble. Just to be in a bubble when you buy a house. If every body knows and agrees it is a bubble it should burst. At least that's what the financial theory says. To expect it will burst only next year ??? This is not like the stock market bubble nor so simple though since most people buy houses after selling the old one so it is pretty much a wash out. With som e additional leverage.

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