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Yeah it's unlikely to happen though. The conditions of this housing boom are nothing like the last one. Mortgage requirements much more stringent. Additionally
by x3sphere 5y ago
Yeah it's unlikely to happen though. The conditions of this housing boom are nothing like the last one. Mortgage requirements much more stringent.
Additionally, monetary policy in the US is responsible for inflating assets and they are showing no intention to raise rates in any significant way. Maybe prices cool off a bit when they eventually start to raise rates but I expect there will be no bust. These prices are the new normal.