But virtually no one could say if there
was a housing bubble, or a dot.com bubble.
Their could
be a housing bubble out there (opinion).
There
was a housing bubble burst but that was just the blasting cap to all the dynamite built up on it, the junk finance based on housing.
Then there
's housing bubble 2.0.
Yes, there
's a housing bubble; however, if you follow the retirement dollars, look for the good deals and diversify your areas, you may do better than your friends that are only buying houses in one area.
Then when that burst, the Federal Reserve intentionally created a bubble in housing that
was the housing bubble which led to the Great Financial Crisis of» 08.
You say there
is housing bubble, a housing crash is imminent.
@matt specific to UK property the issue here is if you don't have any property you have to get it at the high price (I guess in part due to high demand and low availability where needed / wanted)- also some analysts think there
is a housing bubble and the prices will fall at some point anyway.
Marginal Revolution says there is /
was no housing bubble.
Most economists agree that the initial trigger of the crisis
was the housing bubble, driven by low interest rates moving the housing prices higher, which peaked in early 2006 and starting to drop in 2006/2007, with the Case — Shiller home price index reporting its largest price drop in its history on Dec 30, 2008.
«First of all, there never
was a housing bubble.
In Toronto and Vancouver, there might
be a housing bubble and home ownership from the height of the bubble can be dangerous.
Now, everyone knew there
was a housing bubble.
If that were true, there would never have
been a housing bubble.
A new Conference Board of Canada study says there
's no housing bubble about to burst and maintains Canadian are having no trouble handling their debt even as it sits close to record levels.
83 % of all Millennial homeowners surveyed say «I believe there will
be a housing bubble and price correction in my area in the next two years», compared to just 28 % Millennial non-homeowners and 47 % of all Americans who say the same.
Around the middle of the year, the question of whether or not there
was a housing bubble about to make itself felt again, was discussed in the July 2015 Santa Cruz Real Estate Market Report.
The US Housing Market is strong, so if
this is a housing bubble, it's a big one.
Not exact matches
The 2007 - 2009 recession
was mostly blamed on a
housing bubble.
If the
housing bubble keeps inflating — and especially if the commodity boom
were to come off the boil — the bears may well
be proven right.
Coming from the man who foresaw both the dot - com
bubble of the late 1990s and the housing bubble of the mid-2000s, prescience that earned him the nickname «Mr. Bubble», the remark is a sign that U.S. stocks likely have further t
bubble of the late 1990s and the
housing bubble of the mid-2000s, prescience that earned him the nickname «Mr. Bubble», the remark is a sign that U.S. stocks likely have further t
bubble of the mid-2000s, prescience that earned him the nickname «Mr.
Bubble», the remark is a sign that U.S. stocks likely have further t
Bubble», the remark
is a sign that U.S. stocks likely have further to run.
Investment adviser Hilliard MacBeth believes we
're in a
housing bubble, and, worse, that it means many investors
are under - diversified
The response of governments in Ottawa, Victoria, Vancouver and Toronto to the threat of a
housing bubble has
been almost entirely focused on gently squeezing demand rather than encouraging more supply.
The central banker thinks Canada enjoys price stability but
house prices
are beginning to look
bubble - like.
That has encouraged what many
are calling a
housing bubble and unsustainable consumer debt loads in Canada, among other things.
According to Grantham, the
housing market
is close to two standard deviations above its historical norm, making the
bubble signal clear.
Poloz
was at his sunniest when he testified recently to the finance committee in Ottawa — «We don't believe we
're in a
bubble,» he told the assembled MPs, saying he sees no signs of the speculative activity that typically characterizes a
bubble, like people buying multiple
houses to flip them.
This isn't the first time that economists
are warning of
housing bubbles forming around the world.
The bears don't believe Genworth will
be picking up the slack because «they too
are subject to a parliamentary cap of $ 250 billion,» at least as stated in this article, «The under - the - radar changes that may soon deflate (or pop) the
housing bubble.»
This
was, in fact, the catalyst that pricked the U.S.
housing bubble in 2007.
The firm argues that median
house prices should
be no more than three times larger than gross median household incomes to remain affordable, and to prevent
housing bubbles.
Obviously, we don't want to return to the lax standards of the
housing bubble, nor should taxpayers
be put on the hook for poorly underwritten loans.
Director Adam McKay
is best known for his outrageous comedy work with Will Ferrell, but here he takes a sobering look at when the
housing bubble burst.
But even if the
housing bubble continues to inflate for months or years to come, it
's high time to recalculate the ownership premium we
are willing to pay.
The
housing bubble and subsequent meltdown wasn't just about exotic mortgage practices, it
was also about a policy mandate to encourage homeownership that got out of hand.
With monthly payments on the order of $ 30 and mobile service at risk, phone owners should
be far more likely to stay current on their payment plans than overburdened homeowners at the height of the
housing bubble.
The difference can
be traced to real estate market trajectories: Over the past decade, while
housing bubbles percolated through much of Europe and in North America, home values rose less than 3 % in Germany.
But by talking instead of acting, he also runs the risk becoming another Alan Greenspan, the once infallible guru who infamously stuck to low interest rates and ignored the massive debt and
housing bubble he helped create until it
was too late.
«Shiller essentially said
housing prices don't always go up like [they did during the
bubble], so he
was taking a contrasting approach,» Dunham says.
But we should
be able to find a happy medium between the reckless
housing bubble years and today, when few but the most creditworthy can secure a home loan.
As you can see, the gap between what the average Americans can afford and the median sales price
is much larger than it had
been prior to the
housing bubble.
It would take a lot to topple Canada's banks, and the country's
housing bubbles are too concentrated to trigger a national calamity.
The
housing bubbles in Vancouver and Toronto — just like the
bubbles in Sydney, Hong Kong and others —
are the result of ultra-low interest rates for longer and longer and longer.
The
housing bubble, which peaked in 2007, obscured the fact that many Americans had
been losing ground since the 1980s, he says.
Two years ago, when Greater Vancouver
houses were selling for an average of just $ 1 million, Porter dismissed talk of a Canadian
housing bubble by declaring that ««
bubble»
is perhaps the most overused word since the global financial crisis.»
A report released last week by Swiss bank UBS singled out Vancouver as
being at serious risk of a
housing bubble.
Cooper similarly argued in 2012 that Canada wasn't suffering from a
housing bubble, but rather a «balloon,» the implication apparently
being that the latter
is slightly more difficult to pop.
Take the
housing bubble, for example: The disconnect between average home prices and wage growth had become massive, despite the fact that the fundamental link between the two
is as old as time.
But unlike America's latest
housing market
bubble, which saw the supply of new homes rise rapidly as investors banked on new mortgages, there
is no increase in the supply of farmland.
At the same time, Burry, who made a fortune in last decade's financial crisis by betting that the
housing bubble would burst,
is also gaining a following north of Hollywood, as a Silicon Valley tech investor.