This...doesn't concern anyone else?https://twitter.com/tony_sagami/status/955463194868301824 …
Home prices are up partly because of the complete lack of new home construction during the recession, we're still behind on catching up to market needs. Saw similar effect on auto markets but they're able to shit cars out faster than they are houses
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Yeah, are high prices intrinsically a problem? No, not if they are back by good fundamentals. Housing bubble was driven by greed and speculation, so if it's different now, it might be ok
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Agree, no more securitization of mortgages which was causing most of the problem back then. This seems to be a more natural growth out of a recession.
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