Tax Extensions Could Fuel Housing Demand Bubble
A new housing bubble forming won’t deliver high double digit appreciation, a fast moving housing market or even much housing inflation, according to the latest analysis by Housing Predictor. Instead, it will deliver a slow-paced kind of gravity prone real estate market that will bewilder investors and average home buyers.
After more than a decade of rising home prices in many of the most populated areas of the country, and fall out from the financial crisis housing inflation is projected to develop in time, but at a snails pace. Housing prices haven’t suffered a shock like they have in the U.S. since before World War II.
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