Comments on: Housing Bubble: Are We There Yet?

By: Amy

Amy — Fri, 18 Nov 2011 23:19:28 +0000

I just saw a TV news this morning that there are a lot of empty houses in GA. The original owner could not pay the mortgage and let them go. These houses are really good price (but really bad condition), like 4BR 1500sqf for 50K. It may better to use these properties for something than just wait for the economy get better.

By: surreysolar

surreysolar — Tue, 06 Sep 2011 10:01:59 +0000

The way the global economy has been going for the past few years (and still is!) I don’t expect to see a housing bubble for a long time.

By: solarwow

solarwow — Fri, 02 Sep 2011 07:51:02 +0000

I think it’s more like a long, ongoing, neverending leak. A very, very slow flat tire.

By: Sue Clark

Sue Clark — Fri, 19 Aug 2011 12:43:22 +0000

Been there, done that, and going back for some more!

By: Dave Cook

Dave Cook — Thu, 28 Jul 2011 15:07:39 +0000

What with the global recession in 2009, I think it is unlikely that the housing sector will improve much over the coming few years.

By: Rob Smeed

Rob Smeed — Wed, 13 Jul 2011 06:22:53 +0000

The past few years haven’t been so great, so I would say that the bubble did burst. People are now looking at alternative ways to make their property attractive, like renewable energies.

By: bangkok luxury hotels

bangkok luxury hotels — Tue, 29 Jun 2010 08:01:45 +0000

Thanks for posting this nice article. I hope Bangkok and the rest of Thailand stays united despite political differences. I love this country and the Thai people.

By: Frankie Taulman

Frankie Taulman — Mon, 22 Mar 2010 13:05:57 +0000

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By: Peter Bland

Peter Bland — Wed, 21 May 2008 20:40:45 +0000

Things are going to get a lot worse in coming years with such high oil prices

By: Peter Bland

Peter Bland — Wed, 21 May 2008 20:38:27 +0000

With new record high oil prices being reached almost every day, it’s going to have a big impact on real estate

By: Lyn Smith

Lyn Smith — Thu, 13 Mar 2008 17:35:10 +0000

Yes, the bubble has certainly hit !!

By: Alex

Alex — Tue, 05 Feb 2008 00:28:27 +0000

There is definitely some serious slowing down happening right now.

By: Chris Heath

Chris Heath — Thu, 06 Dec 2007 23:36:09 +0000

There will always be a high potential for a housing bubble in the states due to the amount of space available for housing whereas somewhere like Hong Kong will grow in demand more quickly and with stability.

By: Jim Lippard

Jim Lippard — Thu, 20 Sep 2007 16:28:21 +0000

Now that it’s September 2007, we can look back at any economist who was skeptical that there was a housing bubble and realize they didn’t know what they were talking about.

By: matt

matt — Mon, 06 Aug 2007 23:31:16 +0000

It’s certainly difficult to know when the right time to buy is, especially if everything is high; property prices, equity markets, gold all high at the same time. It’s not only property that has a bubble that can burst, everything that people invest in can burst, and at least with property you still own land and brick and mortar.

By: tim

tim — Mon, 06 Aug 2007 23:27:36 +0000

It is true that house prices always go up in the long term, but the consideration is… “Have they gone up as much as other things, like money in the bank, or equity markets.

By: Neil Simmons

Neil Simmons — Thu, 21 Jun 2007 20:13:43 +0000

I work in Bangkok and for those of you who remember back in 1997 there was the mother of bubbles. People were stuck with bubble gum on their faces for years. However, prices have now not only reached but surpassed the pre-bubble bursting levels of mid-1997. In the long term prices will always go up.

By: The Real Estate License Professor

The Real Estate License Professor — Thu, 18 May 2006 12:02:08 +0000

I have been hearing so much about this housing boom bubble and how it will burst. I will tell you one thing that I have sure noticed. A lot of people are getting their real estate licenses. Our website The Real Estate License Professor helps future realtors realize their career goals and I tell you we have helped a lot of these people lately. I am not sure if this will affect supply or demand having so many “middle men” selling but it sure is a sign that real estate is hot. I hope it stays that way.

By: Sherry

Sherry — Wed, 10 May 2006 11:55:01 +0000

I live in Orange County and you are unfortunately very correct. Money has become everyone here’s God! When you start driving people out of an area like South Orange County because of something they did 20 years ago and have never re-visited because they might bring down housing prices you know you have a problem.
I am amazed at what is going on here, but unfortunately watching most of the TV programs there is no end insight, unless we do have the bubble burst. That would then hopefully drive prices down like it did when the oil business went bust in Texas and make housing affordable for the average family be they single, have children etc… It is very disheartening to watch even my own brother’s wife hope my mom will die soon so that they can get their share. Most everyone has become greedy and more than abit heartless.

By: Pete

Pete — Tue, 28 Mar 2006 15:24:35 +0000

With the latest rise in interest rates from the Fed and more to come, the bubble is sure to burst soon, surely it’s just a matter of time.

PS. I’d like to make a call for submissions, I invite everyone to contribute:

http://globalhouseprices.blogspot.com/

I want this to be a one-stop shop for the hard facts relating to the bubble. If you have some interesting info, links, ideas, anything – please share them and they will form part of this page.

Please bookmark and check back often.

Housing Bubble Facts and Figures