Subject: Re: [Homestead] Real estate market in balance
Date: Mon, 10 Apr 2006 16:28:39 EDT
> Thank goodness; perhaps, finally, we will stop
> being battered with B.S. bubble babbling.
>
Ya think?
If indeed there were the bursting of a bubble under way, would not the real
estate market be at a state of equalibrium at some point on its way to crash.
If I toss up a pumpkin in the air, before it starts down there is a moment of
balance before it starts down and bursts.
I didn't see anything in the article that addressed that or gave any evidence
that the "balance" was anything but a passing phase.
Not only that, many analysts have said that the 'borrow on the
equity/speculate in real estate' phenomenon can only continue as long as
prices and demand
*continue* to rise. "Balance" means the rise is over.