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

To: Crimson Ghost who wrote (37946)8/5/2005 8:31:28 PM
From: Broken_Clock  Read Replies (2) | Respond to of 110194
 
Nope. It is the cake. The icing is low rates.

Many, many, and I mean MANY homeowners are circling the country buying and selling two years later. They then move to a cheaper "undiscovered" market. Tell their friends. Demand overwhelms supply. First in sell to the latecomers.

I think it's called pump and dump.



To: Crimson Ghost who wrote (37946)8/5/2005 10:03:48 PM
From: Jim McMannis  Respond to of 110194
 
I recall the housing bubble starting in 1996-97 but it really got steam when Greenman poured gas on it and the tech bubble died.


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