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Originally Posted by emthree
House prices will eventually drop. There's too many wana-be investors.
They even have fucking TV shows surrounding, buying and flipping houses. We can allways count on the media to kill a good thing. I hate when shit like this happens.
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There is a bubble type feeling in the air........ then again, figuring out when things will pop is the key. Im sure people felt back in 2001 that it was the year the market popped....they were wrong. Maybe if we have 3 years of back to back declines, it would solidify the observation that the bubble is over. Right now, its just too early to tell.
Unlike stocks... real estate doesn't come crashing with a huge THUD... it takes a while to let the air out of the balloon.
