"The Big Short" movie and Next big crash!
Is there anyone out there with a solid explanation of what the real estate market future looks like and why? Prices can only go up so much before they drop again....
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I'm no expert but here are a few articles for your consideration:
Harvard.edu "How to Predict Next Real Estate Bubble"
The article provides some good suggestions on what to look for. In the end you have to make your own analysis and conclusion.
Ron Insana makes mention in this article Market Analysis that in February house price went up while housing sales went down. Applying stock market analysis of Convergence/Divergence [which may or may not be the correct application of such for this exercise] suggests that when a divergence of this nature happens, decrease in the underlying asset is soon to follow. However, further analysis is needed to calculate how much and how long. Possible application of a Standard Deviation formula may help, however, there is more likely a better way. Given this information is months old by now, someone with more time may be able to ascertain a more accurate understanding of this topic.
What I do know is there is a lot of people with great confidence of the Real Estate market, and those individuals are smarter and more seasoned than myself. My suggestion, don't make decisions based solely upon fear. If you're worried about a bubble, than don't invest.