Welcome Guest

The pool of people who will be able to afford a

Posted on: March 21, 2018 at 15:52:37 CT

catbirdseat MU

Posts:

66554

Member For:

13.07 yrs

Level:

User

M.O.B. Votes:

McMansion will shrink 90% at those rates.

Housing prices will predictably crater.

The number of people underwater on their mortgages will be impressive.

The entire housing market will lock up.

Enjoy the ride.

Please explain why this message is being reported.

REPLY

MESSAGE THREAD

The Fed is pouring cold water on my 401(k) with their rate - Fourth and Long MU - 3/21 15:23:30

Had to happen eventually - 615Tiger STL - 3/21 15:54:37

The Fed has been artificially pumping the market for a long - JeffB MU

- 3/21 15:52:19

Ha! Wait till they git up to 8% or so, You gonna be real - Uncle Fester USMC - 3/21 15:49:48

Just switch to bonds - tigerinhogtown STL - 3/21 16:37:10

Of course if your portfolio crashes and then you get into - JeffB MU

- 3/21 16:50:17

balance is important in everything in life(nm) - tigerinhogtown STL - 3/21 16:57:13

Do you mean by having a balanced portfolio? (nm) - JeffB MU

- 3/21 17:32:46

The pool of people who will be able to afford a - catbirdseat MU

- 3/21 15:52:37

I think the bubbles will pop long before rates get to 8%, & - JeffB MU

- 3/21 15:57:09

Well they can try and pump or let it fail - Uncle Fester USMC - 3/21 16:01:47

we get it, you like playing with balloons (nm) - 90Tiger MU - 3/21 15:45:22

yeah...just horrible to have a flat market - meatiger MU - 3/21 15:27:31

wait until the - catbirdseat MU

- 3/21 15:26:04

Trump will fix it.(nm) - Toger STL - 3/21 15:25:41