Housing

Bubble Trouble

Here We Go Again!

The

Great Melt!

DYI:  Household real estate will not be in a crash mode; it will be what I call The Great Melt.  Boomers who are desperate for money have been slowly selling off their house once they have exhausted all of their stocks and bonds.  Of course for every seller there must be a buyer.  The Millennials and Cyber generation have very little money and income to purchase these homes despite the low interest rates.  When household real estate begins to go south [along with the economy] the Fed’s will once again drop rates.  Most likely this time we will experience negative rates.  This will hold property prices up for a while but as Boomers in need of money will place more and more real estate on the market driving prices lower.  Over the next 25 years [until Boomers sell off their properties] household real estate will be in decline or what I call The Great Melt! 

 DYI