View Single Post
Old 06-21-2006, 02:16 PM  
dig420
Confirmed User
 
Industry Role:
Join Date: May 2001
Posts: 9,240
Quote:
Originally Posted by JOHNNY_BUTTHOLES
but has there ever been a period where home prices have risen astronomically in such a short of time? these gains are simply defying the laws of economics. They are not tied to any fundamentals at all.
they're tied to the low prime rate, which is being raised at a sane pace. I don't see anything to get worked up about.
dig420 is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote