REAL ESTATE NEWS — We’re seeing the top of a housing bubble, but this one will be different from the last. Instead of a clear, pronounced deflation, this bubble is mired in stagflation. Economic stagnation and consumer price inflation cause fewer people to be able to afford to buy, while prices go up due to the precipitous falling value of the dollar. Historic radical policy by the Fed and federal spending cause inflation, made worse by virus hysteria, energy crisis and war.
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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.