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Thinking about thinking...

The other bubble.

By: John Bourassa
Wednesday, April 16, 2008 11:16 PM

What goes up must come down but when? 

Now that we have seen the rise and fall of the proverbial real estate bubble , when do you think the other bubble will burst?  I am talking about the inflation bubble.

That bubble launched just about at the same time as the real estate bubble but it has not even lost one pound of air, yet and it is still climbing. This bubble is becoming even more devastating than it's real estate cousin.

Up, up and away my beautiful, my beautiful balloon bubble.... (The 5th dimension)

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Comments

Gregory Bain
Member Since '03

Gregory Bain said:

John, I see that Fox News is now making comments that the bottom is here or there abouts. They indicated it is a good time to buy. Also, noticed the syndicated newspaper article from George Will stating the economy is GOOD.

Maybe Happy Days are here again.

April 16, 2008 11:05 PM
Bill Thompson, REALTORĀ®
Member Since '07

Bill Thompson, REALTORĀ® said:

I think it is important to look for opportunities in every market situation. It can be done. As I have said before, these are the best of times for real estate investment. These are also the best of times for any seller wanting to move up to a higher priced new home since even though you may not get a great price for the sale of your lower priced home you can get a great deal on the higher priced home you are buying and net more of a savings on the purchase than the smaller loss on the sale. There is a great inventory out there right now for ANY buyer, whether they are an investor, first time buyer or regular buyer moving up.

April 17, 2008 6:41 AM

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John Bourassa
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My comments herein are not authotitative; they are humble expressions of my wanderous mind or they are recollections of my past or present real estate experiences, whether they are good or bad. Hopefully, someone may profit from them.