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RE: The Housing Bubble Is Cracking (Again). By Gregory Mannarino

in #money8 years ago

I agree with you in some part of the country, but where I live this isn't the case. There is a legitimate house shortage as big tech companies are moving in and expanding (ie adobe, oracle, IMB Flash etc.) There are houses going up all around us and they don't stay on the market for more than 2 weeks. So if prices fall then yes that is a signal, but prices here are only going up, and people are still able to buy them. Time will tell though!