Guess Who Is Propping Up The US Housing Market

VAST · Jun 23, 2014

Housing recovery? Maybe for the richest, and even they are far less exuberant about purchasing $1MM+ mansions. For everyone else, enjoy "plunging" hedonically-adjusted LCD TV prices. Everything else is, well, noise.

Guess Who Is Propping Up The US Housing Market | Zero Hedge

Gunny Fitz · Jun 23, 2014

HA!!
How funny you make this thread. Just signed on a new house this weekend and luckily got myself a kick ... rate using a VA loan too! Without any doubt its a sellers market!

VAST · Jun 23, 2014

what kind of sellers market is it (for now) ¿ ¿ ¿

hint:

Something Very Disturbing Is Happening In The California Housing Market | Zero Hedge

CONGRATZ ON NEW HOME ¡ ¡ ¡ ¡

Gunny Fitz said:
HA!!
How funny you make this thread. Just signed on a new house this weekend and luckily got myself a kick ... rate using a VA loan too! Without any doubt its a sellers market!

iamlance · Jun 23, 2014

And he tests the waters.......

VAST · Jun 23, 2014

LOL

i dont test.....

iamlance said:
And he tests the waters.......

BAIBAICOP · Jun 24, 2014

Chinese investors are skewing the $1M+ home purchases higher. They are buying .... up left and right, primarily in CA and FL. CA is also the "canary in the coalmine" for the rest of the residential RE market. It takes about 8 years for what happens in CA to propagate across the entire nation.

In about 7 years it'll be a fine time to short Wells Fargo/BoA like a mofo!

Guess Who Is Propping Up The US Housing Market

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