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  1. #1
    Senior Member stevebiker's Avatar
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    Is a new housing bubble forming?

    It's no news that home prices have been rising rapidly over the past year or two. The following chart shows the pre-2008 crash peak at $235,000.00, national average. It bottomed at about $170,000.00 in 2012. Now, the national average is back up to about $213,000.00 or so.

    JP's Real Estate Charts: Inflation-adjusted housing prices

    And we've all heard about the crazy bidding wars in some "hot" U.S. markets. So, have we entered another dangerous housing bubble?

    Or more to the point, should home buyers wait until the current bubble bursts?

  2. #2
    Hairy Little Member ahsposo's Avatar
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    A Home Built All Rounder, Bianchi 928, Specialized Langster, Dahon Folder
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    Heck, no. Congress will never let that stuff ever happen again.
    You can further the brotherhood of man by eliminating class.
    You can lift the wage earner up by equalizing earnings.
    You can bring about prosperity by overturning the holders of power.
    You can strengthen the weak by eating the the strong.
    You can help the poor by destroying the rich.

  3. #3
    Senior Member
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    There aren't as many homes for sale as there were in 2008, so that's factor, too. If the market does collapse it won't affect the economy as severely as in 2008.
    Are we having fun yet?

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