It's not a bubble. And it's substantially different than 2008

Feb 22, 2022
10:30:16pm

Future_Tacos All-American

Commentary: This is not a repeat of the 2008 housing bubble

Commentary: It's too simplistic to conclude that the rise in real estate prices constitutes a housing bubble like the one in 2008.

https://fortune.com/2021/09/09/housing-bubble-2008-market-correction-great-recession/

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Future_Tacos

Previous username: Bonemachine
Bio page: Future_Tacos
Joined: Feb 7, 2005
Last login: May 15, 2024
Total posts: 11,258 (24 FO)

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Messages

Author

Time

It's not a bubble. And it's substantially different than 2008

Future_Tacos

2/22/22 10:30pm

What happens when retirees put their cash into greater amount of less risk, more

BlackBart

2/22/22 10:32pm

Perhaps institutional dry powder picks up thousands more residential real estate

BlackBart

2/22/22 10:35pm

No need to assume that those properties will be sold. If Mom and Dad left houses

reddead

2/23/22 12:09am

It could be just a different type of bubble

Soul Rider

2/22/22 10:43pm

A bubble is a bubble. Unjustified prices of assets. Interest rates would really

shamc

2/22/22 10:52pm

Nobody will want to sell their homes. It will keep supply at a minimum

cougaman

2/22/22 11:00pm

If people believe this is a 2006 bubble, they will try to sell to beat a crash.

BikeGuy

2/22/22 11:13pm

Investors maybe, but not primary home owners. It will still be low inventory.

cougaman

2/22/22 11:37pm

But if my properties are generating revenue, why would I sell? 2008 was diff

reddead

2/23/22 12:13am

Do rents decrease in a crash? I do not know the answer, that's why I ask

Doogal McCougar

2/23/22 8:06am

Hard to say, but there are always renters in a crash

reddead

2/23/22 12:49pm

Correct. The 08 crash was due to bad loans. Those loans don't exists anymore.

SoValleyCOUG

2/22/22 11:31pm

That’s what everybody said in 2006.

stenso

2/22/22 11:50pm

Different, but still a 3 sigma bubble event.

Spine

2/23/22 12:06am

It is a bubble even if it's different. All bubbles pop.

grosven

2/23/22 1:35am

Call it what you will. The fact is rates are going up ~1.75% this year &

Socrates Johnson

2/23/22 4:51am

For the SLC region, I dont think it is a bubble. I think homes were undervalued

panacablue

2/23/22 6:14am

Yet studies are saying Utah has one of the most overvalued home markets

Soul Rider

2/23/22 8:56am

RE: Yet studies are saying Utah has one of the most overvalued home markets

panacablue

2/23/22 9:54am

This study is a tough one. It says the price appreciation is above trend.

Socrates Johnson

2/23/22 10:43am

SLC has got to be one of the worst. We’ll see.

grosven

2/24/22 4:28pm

<< Deleted >>

mokelembembe

2/23/22 6:55am

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