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So what do you think of where we are now in 2018 (as we creep nearer to the nearing peak of 13 years ago)? US Home Prices 1890-Present: http://www.econ.yale.ed
by rubidium 9y ago
So what do you think of where we are now in 2018 (as we creep nearer to the nearing peak of 13 years ago)?
US Home Prices 1890-Present: http://www.econ.yale.edu/~shiller/data/Fig3-1.xls http://www.econ.yale.edu/~shiller/data/Fig3-1.xls
- pjmorris 9y agoThe intervening years have colored my perceptions. I'm uncomfortable with prices as high as they are... but it is clear from the interventions of the last ten years that the US government will pull out all the stops to keep the mortgage debt load in place. I don't know what breaks next - the 2016 election is an example of something that broke - but it probably won't first be the overall mortgage debt load.
- SimbaOnSteroids 9y agoProblem is we just bailed out the ones that will need bailing out, in the form of the tax break.
- deleted 9y ago[deleted]