January 24, 2013 

The Housing Market’s Backward Logic

I always wonder why rising prices in the housing market are hailed as good news. Sky-high real estate prices and potential homeowners’ frenzied efforts — helped along by shady lenders — to get into the market are what started this whole fiasco to begin with. Until prices settle at truly affordable levels, how can the housing market be regarded as ‘improved’?

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2 Responses to “The Housing Market’s Backward Logic”

  1. Cat T January 25, 2013 at 1:32 pm #

    I completely agree, Rhea! I’m happy to live in a location with pretty stable prices.

    Reply
  2. Lorraine January 27, 2013 at 12:58 pm #

    Hey Rhea,
    Here’s a reason home prices rising are good for the real estate market.

    http://m.capecodonline.com/apps/pbcs.dll/article?AID=%2F20130127%2FBIZ%2F301270316%2F-1%2FNEWSLETTER100&template=wapart

    Reply

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