Who believes in housing crash and recession coming soon?

Question

Negatives
Trade deficit = several trillion
Personal Savings Rate = negative(first time in history) = huge spending
Personal debt = huge
Housing - cooling (trigger for bomb)

Positives -

Job growth

Some of best technology and defense in world.

Production starting to grow...at least here in CA

Answer 1

Historically, high oil pulls down any economy, regardless of the Big Mo.

Once again, the Feds have made housing the whipping boy, jacking up rates and smiling benignly at big oil. Construction supplies about 50% of the employment in an expanding economy. Put the brakes on housing, which has effectively been done, and.......well, you do the math.

Answer 2

I;m undecided however the element that has been neglected so a strategies is that the united kingdom presently has a severe proportion of homestead possession in comparison to different eu international locations the place human beings usually purchase while they attain their late Nineteen Thirties and 1940s. i'm not presently particular what apartment costs are doing yet i've got faith they're probable going up. interior the south east i've got faith there are actually not sufficient residences for lease and so furnish can rigidity costs. i might suspect there will be greater purchase to enable investors getting into the marketplace, it remains a quite youthful marketplace, human beings have been renting out sources for years yet in hassle-free terms interior the final 10 have we had off the shelf mortgages to administration the transaction. This has made this kind of investment significantly much less demanding. My advice to you is be innovative seek for deals, evaluate figuring out to purchase sources in despite way you could. purchase as component to a set or purchase to enable in an area you could locate the money for and lease to others, if the section you reside in is merely too costly. there'll probable be a correction yet i does not anticipate it, the present warning signs and warning signs don't have it being probable. i think of that is probable wishful questioning on people who pick to get into the marketplace. might sell fairly some papers if somebody predicted it yet think of the economic equipment is heading in the direction of even greater advantageous stability into the destiny. i pick one too and that i very own sources already yet i don't think of that is going to ensue.

Answer 3

not me. I'm looking for one more Fed rate increase and then some slow times....a soft landing, then maybe early next year a Fed cut. We're gonna be OK.

Answer 4

Are we not in some form of recession now.....I hope things get better not worse

Answer 5

My brother and many other convinced by the liberal media

IT"S A CONSPIRACY!!!
ha ha - I'm with you!