Wednesday, October 21, 2009

Guess What: The Next Housing Bubble Is Already Underway

Joe Weisenthal

It's back!
You see, we've always just assumed that after experiencing an epic hangover following the housing party, there'd be no way we'd rush headlong into the same bubble right away.

But we were wrong -- the housing bubble is back. Sure, prices aren't at their old levels, but everything else is in place.

Generous government involvement is back. Fear of missing out on good deals is back, and yes, even no-money-down is back.

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