Blog Communities Publishing Magazines

« Home Equity Loans | Main | The Home Loan Shell Game »

May 30, 2005

Watch that bubble burst

More bubble news:

Housing prices seem to be rising indefinitely. It seems like there is no better time to be a home owner. However, Paul Krugman at the N.Y. Times is arguing that the housing market is nothing but a speculative bubble that will soon burst. He references a few sources who predicted the Dot-Com bubble burst, who are now predicting that the housing mark bubble will also soon burst. This is terrible news because the largest asset for most people in the U.S. is their house, and alot of people are going to lose alot of money if the housing market suddenly...

 

Related Products:
Visit our store

Read more from this blogger:
Watch that bubble burst

Posted on May 30, 2005 05:27 AM by House 78.
Filed in Mortgage Calculator under housing prices.
Permalink permalink | Comments (0)

Comments

Post a comment




Remember Me?






Copyright 2005 Blog Carnival, LLC.
We welcome your feedback: Contact us!