Tuesday, January 16, 2018

Another real estate bubble

With the exception of Las Vegas, Phoenix, Miami, Tampa and Orlando, home prices in most cities in the US are now in frothy bubble territory.
This is especially true along the Northwest (San Francisco, Seattle, Portland) and Denver. Dallas also off the charts.
In most cases, prices have exceeded their 2006-2007 peaks.
Asset bubbles also clearly visible in the stock markets, and, of course, in the insane crypto-currency valuations.

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