Author Topic: Biggest Housing Boom Ever... (Read 1029 times)

phookat · « **Reply #30 on:** October 03, 2004, 08:50:43 PM »

LOL grunherz. Yes...supply and demand. Bart liked it, at least. Heheheh

demaw1 · « **Reply #31 on:** October 03, 2004, 09:14:53 PM »

I dont get it , housing is no more expensive now than in the past . You all must know better than what your saying...Right?

TBolt A-10 · « **Reply #32 on:** October 05, 2004, 04:07:58 PM »

Quote

Originally posted by Eagler
not housing but a CREDIT bubble will be the next POP you hear

the average smo is up to his eyeballs in credit debt with no way to pay it off...

you're not kidding. i'm just waiting to see news of creditor after creditor folding. not that it would be a bad thing, though. lol.

creditors aggressively handed out credit to buyers who overspent through the nose - whether they needed to or not. and, as the jobs for the middle class disappear & remain harder and harder to find, the credit card bills are the first to not get paid.

how loud do you think the Credit Pop will be?

Eagler · « **Reply #33 on:** October 05, 2004, 05:05:47 PM »

Quote

Originally posted by TBolt A-10
you're not kidding. i'm just waiting to see news of creditor after creditor folding. not that it would be a bad thing, though. lol.

creditors aggressively handed out credit to buyers who overspent through the nose - whether they needed to or not. and, as the jobs for the middle class disappear & remain harder and harder to find, the credit card bills are the first to not get paid.

how loud do you think the Credit Pop will be?

well if a bank of america or citibank goes - it'll be a pop heard round the world making the WTC sound like a pin drop