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In the discussion thread: Is Housing In A Bubble? [View all]

Response to Tomconroy (Original post)

Thu Jul 29, 2021, 02:43 PM

5. Hedge funds and other investment companies are snapping them up

I get cards at least once a week from friendly "persons" who want to pay top dollar for my house, cash, sight unseen. This is creating a bubble in housing prices. It's also a losing strategy since demographics are about to kick housing demand in the teeth as Boomers continue to die off and underpaid and overindebted Millennials and Gen Z are unable to enter the market.

So yes, there is a bubble and it will end about as well as the last one did.

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Tomconroy Jul 29 OP
TreasonousBastard Jul 29 #1
70sEraVet Jul 29 #2
Laura PourMeADrink Jul 29 #3
Laura PourMeADrink Jul 29 #4
LineNew Reply Hedge funds and other investment companies are snapping them up
Warpy Jul 29 #5
Tomconroy Jul 29 #6
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