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Gold/Mining/Energy : Gold and Silver Mining Stocks -- Ignore unavailable to you. Want to Upgrade?


To: long-gone who wrote (3369)9/19/2002 11:38:44 AM
From: Little Joe  Read Replies (2) | Respond to of 4051
 
All real estate markets depend on location, location, location, so that it is entirely possible and indeed it is a fact that in certain areas of the country a market is particularly hot or cold. What I think is that the national "average" is not in a bubble. A few reasons for this are that housing has gone through a long period of relatively stable prices and I think prices are playing catch up and if housing is in a bubble, it will be the first bubble in history that everyone was aware of during the bubble. I suspect that the housing market is simply reflecting the coming inflation. If I am wrong and a depression is coming, then everything with the possible exception of gold is in a bubble. Because it will all go down.

Little joe