Actually,I believe that housing is in a bubble
Oh shut up. The price appreciation rate is slowing significantly, and your bubble needed to pop long, long ago, if it was to be a bubble. Now all it is, is a rising price that was needed to bring supply of housing in equilibrium with demand. We have such an increase every 10 years. So what?
but that when it begins to fall the Fed will slow down or avoid interest rate increases,
FED policy has nothing to do with asset price changes. It never does. Such asset price changes are the result of economic forces way beyond FED's ability to control. FED can only control inflation, and asset price change has nothing to do with inflation. Since you can't understand that, you have no hope to ever understand how things work.
that may be needed to hold off inflation,so as to avoid too much pain.
God, is this stupid. Can't you take an elementary course in econ or take out Samuelson's text book and read it? What gives you the right to talk of things about which you know nothing? Free speech?
When this becomes clear the dollar will tank.
The previous guy thinks rising short rates will drive the dollar up. You're both wrong.
Look, bubble head. Get off my board and don't come back until you get at least a high school education. Who in the hell do you think you're talking to? Some lunk head college prof well steeped in stupidity?
The big question in my mind is how you survive. Must be we are in the best of times. |
