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Economy

Tomconroy

(7,611 posts) Thu Jul 29, 2021, 07:47 AM Jul 2021

Is Housing In A Bubble? [View all]

I just saw the price of a new listing in my neighborhood. Housing prices are skyrocketing.
But this article suggests there is a genuine housing shortage. A two month supply of available houses, instead of the usual six months. And lending standards are staying firm. It's a little different from last time.

https://www.cnn.com/2021/07/27/economy/housing-bubble-fears-overblown/index.html

6 replies

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Highlight:

Is Housing In A Bubble? [View all] Tomconroy Jul 2021 OP

In this area, it's mostly second homes, so who knows. TreasonousBastard Jul 2021 #1

I'm surprised the article never mentioned inflated lumber prices 70sEraVet Jul 2021 #2

Yes agree! but declined since then right? Laura PourMeADrink Jul 2021 #3

Think prices will decline but it's really just impossible to imagine Laura PourMeADrink Jul 2021 #4

Hedge funds and other investment companies are snapping them up Warpy Jul 2021 #5

For what it's worth, Goldman Sachs thinks prices will Tomconroy Jul 2021 #6