Anonymous
Post 03/28/2017 06:53     Subject: Is there another "housing bubble"?
Anonymous wrote:No people buying homes can afford to pay without strange loans

But then, why are prices so high?
Anonymous
Post 03/27/2017 19:34     Subject: Is there another "housing bubble"?
No people buying homes can afford to pay without strange loans
Anonymous
Post 03/27/2017 18:25     Subject: Re:Is there another "housing bubble"?
Anonymous wrote:
Anonymous wrote:Look at rents for comparable properties. Rents reflect the need for housing in your specific area and property type.

Rents are crazy high. I am interested in the evolution of disposable income versus house prices.


https://www.bloomberg.com/view/articles/2017-03-23/rents-in-megacities-can-t-go-up-forever
Anonymous
Post 03/27/2017 18:15     Subject: Re:Is there another "housing bubble"?
Anonymous wrote:Look at rents for comparable properties. Rents reflect the need for housing in your specific area and property type.

Rents are crazy high. I am interested in the evolution of disposable income versus house prices.
Anonymous
Post 03/27/2017 18:09     Subject: Re:Is there another "housing bubble"?
Look at rents for comparable properties. Rents reflect the need for housing in your specific area and property type.
Anonymous
Post 03/27/2017 17:46     Subject: Is there another "housing bubble"?
Anonymous wrote:Definite bubble. People are paying too much for too little. When housing prices raise this much more quickly than wages it's a problem.

Do you have the numbers? Back in 2007 everyone was talking about that, not this time. I would love to see the numbers.
Anonymous
Post 03/27/2017 11:04     Subject: Is there another "housing bubble"?
Probably not. Houses are now considered assets, not commodities - it won't go back.
Anonymous
Post 03/27/2017 11:01     Subject: Is there another "housing bubble"?
Definite bubble. People are paying too much for too little. When housing prices raise this much more quickly than wages it's a problem.
Anonymous
Post 03/27/2017 11:00     Subject: Is there another "housing bubble"?
Why is this a topic every week?
Anonymous
Post 03/27/2017 10:36     Subject: Is there another "housing bubble"?
Prices in MoCo are back to peak levels but 10 years has gone by since then so technically speaking (adjusted for inflation) we are still below peak pricing.
Anonymous
Post 03/27/2017 10:35     Subject: Is there another "housing bubble"?
Not exactly... if Trump cuts the budget to civil agencies, there will be lower demand in parts of MoCo. That, combined with increasing rates, will push prices down a bit.
Anonymous
Post 03/27/2017 10:35     Subject: Re:Is there another "housing bubble"?
Seriously. West of 16th St NW, there are about a dozen listings < $650K, and most of those places have condo fees >> $500. Insane.
Anonymous
Post 03/27/2017 10:34     Subject: Is there another "housing bubble"?
It will slow down a bit when rates go up (soon). But I don't believe the prices will drop...just go flat a bit, with things on the market for a longer period of time.
Anonymous
Post 03/27/2017 10:33     Subject: Is there another "housing bubble"?
no
Anonymous
Post 03/27/2017 10:32     Subject: Is there another "housing bubble"?
DC prices are insane!