Quote:
Originally Posted by Boomer
Economic history tells us that the stock market and the housing market ride in tandem. We can only hope that what is coming will just be a deep breath. I personally think we need that -- just that -- but we have been living in Crazytown for years -- so who knows where we are headed.
Boomer
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Although I disagree with a lot of your post, I am only going to point out one thing- this statement is just patently false. In the 70s, the stock market went NOWHERE for 10 years and housing prices skyrocketed ( My Dad sure loved that, since all his money was in his house) due to inflation.
Then in the crash of 2008, they both went down together. They zig an zag a lot independently of each other.
The only way they are tied together at all is through interest rates, which affect both markets.