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This isn't 2006 Las Vegas or some shitty 50 year old Florida suburb propped up by tourism, we're talking about every major metropolitan area that has jobs. Peop
by JohnWhigham 6y ago
This isn't 2006 Las Vegas or some shitty 50 year old Florida suburb propped up by tourism, we're talking about every major metropolitan area that has jobs. People are buying because rates are rock-bottom, yes, but also because that's where the jobs are. This is different from last time, and aside from the Fed raising interest rates (and boy do they need to), there's no end in sight to the insanity.