Bubble poping?

[donaldduckmoore]

When is the bubble going to pop? It looks like a lot of the factors are not very favorable to the housing market, such as interest rate, inflation, tightening of lending rules, etc etc. but the house price in SD is still very expensive, especially in north county. I am more focus in RP, RB, and mira mesa.

[kewp]

It’s been leaking air for awhile now.

Given that its been blowing since 1997, don’t expect it to pop like a soap bubble.

Something to note is that list prices mean nothing, its sales that count. I can offer apples for $50 each, doesn’t mean much if nobody will buy them.

The rest of this year should be interesting, once the MSM exposes all the RE fraud going on be prepared for a wild ride!

[kewp]

It’s been leaking air for awhile now.

Given that its been blowing since 1997, don’t expect it to pop like a soap bubble.

Something to note is that list prices mean nothing, its sales that count. I can offer apples for $50 each, doesn’t mean much if nobody will buy them.

The rest of this year should be interesting, once the MSM exposes all the RE fraud going on be prepared for a wild ride!

[PD]

Imagine someone blowing a huge Bubblicious bubble and holding it. It moves around a little bit, the surface becomes less firm, it starts to sag, sags a little more until finally it is stuck all over their chin.

[PD]

Imagine someone blowing a huge Bubblicious bubble and holding it. It moves around a little bit, the surface becomes less firm, it starts to sag, sags a little more until finally it is stuck all over their chin.

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