Replies to post #319477 on Zeev's Turnips Patch-No Politics (ZEEV)

[lee kramer]

Hi Ken: I'm glad you asked about the real-estate bubble. I happen to be an expert on bubbles. You fill the bathtub with hot, but not TOO hot water, then pour the bath bubbles in, stir with an egg-beater, then gently lower yourself in being careful of course not to make make waves and wet the bathroom floor. I think there will/are bubbles in specific areas. I don't think the real-estate markets are comparable to the stock market bubble of a few years ago. Most of us knew it was cuckoo time and that it would end badly.

[Zeev Hed]

In some regions probably overextension, but unless we get a recession concentrated in these area, bursting is not the only resolution, gradual readjustment is probably more the potential case.

[ranch hand]

KEN: Interesting read here on RE. Hope it is useful. RANCH

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