Well,
Just another 'what if' thought....the current 10Yr Treasury Yield Curve is a "conundrum" Per Alan G. As hard as he has tried he has not driven rates up. That is mostly due to the divurgent view of the bond market being more pessimistic of the economy than the Fed. As a result the 10Yr Treasury yield has declined to under 4%....if the Fed stops raising rates then the 10Yr would fall even more.... We could be back into a very low interest rate environment scenario which will exascerbate the Housing phenomena....and thus a mass push for the exits would spiral out of control and effect the rest of the US regional economy.
My opinion is that I will stay in my home despite a mkt correction in housing as I am a long term holder as most are...but the spillover effect of a bursting of the speculative expecation on the regional economy could be quite powerful and impact the dollar, regional jobs, growth in the US and foreign economies that are interdependant....
Art
****My uninformed opinion only...do your own due diligence****
