Replies to post #29582 on The New CS Board

[jumanji0881]

David Rosenberg: "This Is A Bubble Of Historic Proportions" : http://www.zerohedge.com/news/2017-04-07/david-rosenberg-bubble-historic-proportions

My comment: It was reported yesterday that the median priced home in Seattle is now $700K and prices have now passed the peaks of the 2006 housing bubble.

Excerpts:
“This bubble is on par with what we had in the States back in ’05, ’06, ’07,” he said. “We have to actually take a look at the situation. The housing market here is in a classic price bubble. If you don’t acknowledge that, you have your head in the sand.”