Monday, February 19, 2018

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I was speaking with a gentleman today who was employing a form of logic that can only be described as well, circular. He believes the housing market will not “crash”. He has to. He purchased a home in LA within the last five years; he can’t afford to be wrong. There seems to be two camps in America today; the camp that believes the housing market is overbought, overvalued and unsustainable and those who believe that the recent boom in housing prices is “business as usual” or normal. I am not in the camp that subscribes to the later opinion. Let’s look at housing prices and... Read More

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