Quote:
Originally Posted by Cedwards38
Financial institution deregulation is heading us back toward a real estate bubble, and possibly another Great Recession. Hang on. We just don't seem to learn that thing about history repeating when we make the same mistakes.
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You might be correct. However, I feel that Supply-and-Demand is a more important factor at this time.
This is a national problem. The bubble is growing because the supply of pre-owned houses cannot keep up with the demand. The prices of pre-owned houses moves upward and the prices of new houses follow the trend.