Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (146092)	9/29/2014 11:01:19 AM
From: RetiredNow	Read Replies (1) \| Respond to of 149317

A number of reasons. Real estate is looking toppy as pending home sales have declined appreciably. In addition, with interest rates about to rise, that will take its toll on home sales. Since 2009, big corporations have swooped in to buy up homes to turn them into rental properties. That has driven incredible house price gains since then. Those opportunities are are fewer and more far in-between now. So housing will quickly become a negative driver of our economy, since many people can't afford homes now and will find them even less affordable when rates rise.