Being "real tangible assets," houses tend to act as inflation hedges. But in recent times they have appreciated by multiples of the inflation rate. This is due more to loose lending practices that to loose monetary policy. In the following article David Galland addresses the current state of housing prices and where they might be headed. ~Tim McMahon, editor Should You Buy a House Now? By David Galland, Managing Editor, The Casey Report Recently, we have had a number of queries about real estate. And no wonder. For starters, real estate prices have come down. Plus, in an environment with next to zero interest rates, the idea of possibly picking up some income-producing property on the … [Read more...]
Who Killed the Housing Market?
The poor housing market has been big news for several months now as property owners who bought at the peak of a "housing bubble" are now having difficulty selling due to either a lack of buyers or at least a lack of buyers at prices sellers are willing to accept. So what caused this state of affairs? And who is responsible? In the following article Susan Walker of Elliot Wave International addresses this Issue.-- Editor Wanted: Prime Suspect of Housing Market Murder By Susan C. Walker, Elliott Wave International October 8, 2007 Helen Mirren accepted her Emmy award for best actress in the mini-series, "Prime Suspect" with elegance and grace. Just the opposite of the tough detective … [Read more...]
