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Re: PennyP1cker post# 94

Sunday, 03/04/2018 4:08:30 AM

Sunday, March 04, 2018 4:08:30 AM

Post# of 124
"Interest rates went up around 2003 or 2004 and yet housing stocks boomed 2004, 2005."

The housing prices are much higher than they were then and higher interest rates do not favor prices going higher. I would not guess you think bubbles, and we are in one, last for ever?

Interest rates rising cuts into the buyer's purchasing power. The stock prices are high...not a good combo!

Everything here is MY OPINION! I am making NO buy or sell recommendations here! DO YOUR OWN DUE DILIGENCE!

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