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American Bubble Debate

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Here's a good clip from CNBC news on the American housing market. It's amazing that the older guy says the fed will keep on raising the rates either until the market crashes or until they hit a recession as it's what they always do!

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Found it on page 2.

Yep, the older guy is very bearish. Talks about the IO BTLers dumping houses on the market when they cannot find people to rent and they can't even cover the IO mortgage. Talks about equity being at the lowest levels ever and lots of people being wiped out. Mentions "crash" and "bubble". His final comments were a joy to hear.

A must watch for HPCers.

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  • 317 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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