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Reply to "Will DC housing prices rise if/when Fed cuts rates in September?"
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[quote=Anonymous][quote=Anonymous]Anytime everyone thinks that an asset class will just continue to go up indefinitely, after it has already gone up substantially, it's time to be cautious. https://www.researchgate.net/figure/The-four-phases-of-an-asset-bubble-of-any-kind_fig11_319163284 I think we're somewhere between "Delusion" and "New Paradigm".[/quote] You mean like tech stocks? You need to look at the underlying economic conditions, not make sweeping generalizations based on graphs like a complete moron.[/quote]
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