tag:blogger.com,1999:blog-4901205574058136834.post1778727526358663511..comments2024-03-26T20:17:30.126-07:00Comments on Every Blade of Grass: Housing Market Bubble Inflating Againdrjimhttp://www.blogger.com/profile/05647484115197408897noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4901205574058136834.post-41999130547217648992015-12-20T16:22:07.250-08:002015-12-20T16:22:07.250-08:00A very good friend of mine is a mortgage loan brok...A very good friend of mine is a mortgage loan broker. The bank he works for is pretty tight about who they'll loan money to, but he was telling me the other day that this current "boom" should pop in about 24 months.<br /><br />I just hope it all holds together long enough for us to sell this place at a nice little profit and make our escape to Colorado....drjimhttps://www.blogger.com/profile/05647484115197408897noreply@blogger.comtag:blogger.com,1999:blog-4901205574058136834.post-72565189859184162332015-12-20T15:36:41.529-08:002015-12-20T15:36:41.529-08:00I was involved with the market the last time it wa...I was involved with the market the last time it was inflated, and the sub prime loans were writing themselves...it was like the wild west out there, almost anything went. It was crazy...as a realtor and a mortgage broker (at the time) I was still under the assumption that property is the wisest investment that can be made. Since I have seen many lose their Ass umptions......if they "create" the market again....it will end horribly for the consumer at the next downfall....it will be really ugly...I am out of the business now...I would suggest anyone to proceed with caution...especially with subprime loans.Anonymoushttps://www.blogger.com/profile/13661170441563596213noreply@blogger.comtag:blogger.com,1999:blog-4901205574058136834.post-72922696869484381622015-12-18T15:52:54.130-08:002015-12-18T15:52:54.130-08:00As the others say, it's completely intended. ...As the others say, it's completely intended. The whole purpose of QE was to inflate house and stock prices, so that bank balance sheets looked as good as possible. <br /><br />And they really should have raised rates a year ago, maybe more. The economy now seems to be going back into recession, and that's with their fake numbers. A year ago, the fake numbers looked better. SiGraybeardhttps://www.blogger.com/profile/00280583031339062059noreply@blogger.comtag:blogger.com,1999:blog-4901205574058136834.post-5144984543452650952015-12-18T15:38:35.637-08:002015-12-18T15:38:35.637-08:00But surely all is well? The Fed said things are so...But surely all is well? The Fed said things are so robust that raising interest rates was past due!Harry Flashmanhttps://www.blogger.com/profile/05071021900005041592noreply@blogger.comtag:blogger.com,1999:blog-4901205574058136834.post-30536418479699409832015-12-18T12:41:42.979-08:002015-12-18T12:41:42.979-08:00Barack has instituted more of the sub-prime loans,...Barack has instituted more of the sub-prime loans, so yes, there will be another bubble, it will pop, and the little guy will take it in the neck.LLhttps://www.blogger.com/profile/05538854359365988863noreply@blogger.com