InvestorsHub Logo
Post# of 147458
Next 10
Followers 38
Posts 3167
Boards Moderated 0
Alias Born 06/03/2013

Re: schaub post# 129172

Friday, 12/07/2018 1:23:04 PM

Friday, December 07, 2018 1:23:04 PM

Post# of 147458
I agree the economy is healthy right now but can it sustain itself. Housing prices have increased at such a high rate while wages have increased at a much slower rate. Bottom line, people can only afford so much when it comes to a mortgage. Interest rates have been historically low. They are going to have to come up, and when they do home prices are going to have to come down. Home building has slowed down recently because there is no such thing as affordable housing anymore.

People are also starting to overspend again on homes and automobiles. Again, it just doesn't add up when wages have not increased at some crazy rate. Unemployment numbers are skewed. Sure unemployment is low, but that's because a lot of people are stuck with lower paying jobs.

Cracks are starting to show in the economy..........
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AAPL News