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May 31, 2005
Bubble or not? More confusion
Lots of housing bubble questions, no housing bubble answers:
The current issue of Fortune magazine has a cover story on real estate speculators getting rich buying and selling houses in rapid succession. None of them seems to have taken to heart the magazine's 2002 cover story, which said: "U.S. housing prices are stretching the outer limits of what's reasonable and sustainable…. In a year or two, prices will fall with a thud."
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Posted on May 31, 2005 05:26 AM by House 78.
Filed in Mortgage Calculator under housing prices.
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