us housing bubble will burst economy, page-2

  1. 9,046 Posts.
    Looks much more like a soft landing to me. I was over there last year (their summer)...my son is working there and had just put his house up for sale to move interstate. The market was already softening in April/May 2006 and has generally been getting quiet ever since. The bubble is getting slowly deflated...no need to panic.
 
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