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Reply to "I think the bubble is popping."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]Lumber crash leads to 'blowout' sales as prices crater[/b] [url]https://www.cbc.ca/news/business/lumber-prices-1.6177016[/url][/quote] This article is about lumber prices. Sounds like good news for builders and owners renovating their homes. May have some effect on home prices but it's certainly not going to cause a "crash" right now and it's unlikely it will cause builders to overbuild like they did pre 2008.[/quote] It’s from Canada. Jesus. People are really grasping at straws. Looking at my home appreciation in the past month alone…. [b]Buyers are screwed[/b]. [/quote] By that logic...So are you. "Paper gains" are meaningless unless someone is willing to actually pay the price. You'll just keep paying property taxes and HOI on inflated property values.[/quote]
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