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Check this out:
IF Bush is able to push through his social security "privatization." There will be another housing boom following on the tails of the last one.
Understand, privatization is NOT personal ownership of social security accounts. It is an attempt to NATIONALIZE the New York Stock exchange. If the government is the largest shareholder than the government runs the stock market. The government can inflate the stock market with SS dollars and make lots of party donors very rich men. This isn't a democrat/ republican thing... it's all about the benjamins
Many babyboomers are saving for retirement and dumping their money into mutual funds. They are patiently waiting and hoping that their investments pay off while listening to "doom and gloom" predictions of a housing bubble. IF social security is "privatized," Then their portfolios will all skyrocket like they did during the internet tech bubble of the nineties. These boomers will feel invincible and will be willing to spend money on new homes etc.
So in my opinion, IF there is social security "privatization", there will continue to be rising housing prices
And don't listen to the people that say Bush's SS plan is dead - cuz it ain't even close - BUSH WILL cut some crazy deals with Democrats - there is too much money at stake
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