Europe having big protests today as the trade unions are sick of austerity,
Just wait until they try that here !!
IMO
Housing is not really that hot me thinks as well, it’s just Builders don’t want to sell at a loss so they are not building (or only building small tracts), and underwater home owners don’t want to sell at a loss.
This == no inventory.
I think there will need to be some serious inflation before we see a real boom.
When will that happen ? who knows.
Me I am still waiting for a 30-40% stock market decline before I want to start jumping in.
