Share this post5 Key Signs of a Housing Bubble...gregorymannarino.substack.comCopy linkFacebookEmailNoteOther5 Key Signs of a Housing Bubble...From Greg MGregory MannarinoAug 23, 202351Share this post5 Key Signs of a Housing Bubble...gregorymannarino.substack.comCopy linkFacebookEmailNoteOther24Share1. Rapid and Unsustainable Price Increases Starts To Plateau.2. Excessive Mortgage Debt.3. Rising Mortgage Rates.4. Elevated Speculative Activity and Overbuilding.5. Overall Downturn in the Economy.Read more. Click HERE.PreviousNext
Sure appears we're 5 for 5 there!
It may be in a bubble but prices won’t come down since people aren’t able to sell. They have a 3-4% mortgage rate and if they sell they’ll have to buy a new house at 7%. They managed to price people out of buying AND selling