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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (29242)3/23/2005 2:56:59 PM
From: ild  Read Replies (2) | Respond to of 110194
 
<<<I can't come up with a reasonable scenario to pop the coastal housing bubble >>>

How about lack of willing and able buyers? IMO interest rates are already high enough. Today 5-Year Fixed-to-Adjustable Interest-Only conforming loan with one point origination fee is at 5.460%. A year ago it was below 4%.

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To: John Vosilla who wrote (29242)3/23/2005 4:47:02 PM
From: Crimson Ghost  Respond to of 110194
 
When even "Easy AL" gets worried about a speculative bubble, the sh..t must really be ready to hit the fan