3 ms·
I could go for some deflation in the housing market right about now.
by jdhn 5y ago
I could go for some deflation in the housing market right about now.
- dominotw 5y agosame here. Interest rates are going up so there is some hope.
- ping_pong 5y agoThe Fed will do WHATEVER it takes to prevent house price deflation. They've already shown this during the Financial Crisis. Too much of the economy and financial system is based on house prices, there's no way that they can ever afford to see house prices decline in our lifetime.
- lotsofpulp 5y agoThey will do whatever it takes to prevent asset price deflation in general. The last thing politicians want is people watching their 401k values go down, and they certainly want them to go up. As far as I’m concerned, VTI is a better inflation protected security than TIPS for any 3+ year investment horizon.
- jdhn 5y agoAt this point I'll take stagnating housing prices.
- sjg007 5y agoYou can still buy a cheap fixer upper in Detroit.
- jdhn 5y agoFunny you say that, I live near Detroit. I'd argue that the cheap fixer upper is seeing price inflation as well.