Talk of The Villages Florida - View Single Post - Another price increase!!!!
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Old 09-05-2012, 07:32 AM
Dr Winston O Boogie jr's Avatar
Dr Winston O Boogie jr Dr Winston O Boogie jr is offline
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Originally Posted by gomoho View Post
True - but, we saw what that did to the housing market in 08! Sometimes that principle bites you right in the arse.
I don't think that supply and demand, which is the #1 rule of economics and will work perfectly if not interfered with, had anything to do with the bubble bursting in '08.
The problem with the housing market back then had more to do with inexpensive bad loans.
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