Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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Austin homeowners "screwed" as housing market sales plunge (www.newsweek.com)

submitted 4 months ago by [email protected] to c/[email protected]

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[–] [email protected] 10 points 4 months ago (1 children)

They buried the real information which is that prices have increased 11.6 percent!

[–] [email protected] 2 points 4 months ago

Only 11.6? It's crashing! It's crashing!

[–] [email protected] 8 points 4 months ago

This is real estate FUD that reads like it's for private homeowners but is actualy for investors concerned that homes are about to crash as vehicles for wealth. Written by an investment advisor in London.

[–] [email protected] 0 points 4 months ago

Fuck them. Thats what they get for treating homes like investment instruments. It should’ve been guillotine but…