U.S.
Housing
Mini bubble!
DYI: U.S. real estate mini bubble has
arrived. This time rampant speculation
is only at the hot spots and not U.S. wide as before. Nevertheless this is a bubble just not of biblical
proportions hence it is a mini. Real
estate [R.E.] will dip in price [10% - 25%] even if America experiences a mild
recession due to homes being overvalued as compared to rents. A major decline in home prices – greater than
25% - will occur only due to the general health of the overall economy.
DYI
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