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.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (57814)	8/18/2016 10:13:49 AM
From: Micah Lance	Read Replies (1) \| Respond to of 78748

The boom started in 2012, what's happening now is insanity. How can a house increase 50% in value in a span of two years? When has that ever been sustainable? There are some zip codes in the metroplex where the median housing price has increased well over $100k in a span of 3 years Our economy isn't exactly booming any more either as in 1H 2016 there was a net decline in employment. Sure people are moving here, but does that mean we need another 30k homes and 50k apartments in the metroplex? I'm already seeing development construction being stopped near my parent's house. The whole housing story has been a lack of supply, but I simply don't see it. There are thousands of homes on the market (with more on the way), but most people are being priced out. Maybe I'm wrong, but most of what I am seeing and hearing just seems completely detached from the economic reality of the region, especially if you review the economic data from the Dallas Fed.