tag:blogger.com,1999:blog-6616959642391988608.post7659824152840842278..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: More signs of a housing market bottomScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6616959642391988608.post-79480139491058472292011-01-18T19:49:52.752-08:002011-01-18T19:49:52.752-08:00Housing wont recover for "generations", ...Housing wont recover for "generations", septi? hahaha. Good one.Billhttps://www.blogger.com/profile/05145490918994594519noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-53494471803218760912011-01-18T17:16:05.684-08:002011-01-18T17:16:05.684-08:00this type of post is what makes your blog so flawe...this type of post is what makes your blog so flawed. the housing market is a collosal burst bubble. it won't be leveraged again for generations.septizoniomhttps://www.blogger.com/profile/14253705209662419429noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-41550463158373956112011-01-18T14:22:04.887-08:002011-01-18T14:22:04.887-08:00For the most part, rising interest rates are a sig...For the most part, rising interest rates are a sign of a stronger economy and a stronger housing market. So higher mortgage rates aren't necessarily bad news at all for the housing market, since they are symptomatic of rising prices. Of course, if mortgage rates rise enough (and the Fed tightens enough) then high rates at some point become a negative for the economy. But where that point is IScott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-67734634985913153772011-01-18T14:01:07.836-08:002011-01-18T14:01:07.836-08:00Scott,
How do you respond to the thesis that hous...Scott,<br /><br />How do you respond to the thesis that housing prices will continue to decline as interest rates increase over the next few years. People buy houses based on what they can afford to pay for the monthly mortgage. If interest rates increase to 6%, 7% or even higher, this will push down how much mortgage people can afford and thus drive down prices.<br /><br />Not necessarily my CFP, EAhttps://www.blogger.com/profile/01745165113059985912noreply@blogger.com