Feds raise US interest rates again

[MattTheSkywalker]

The south florida housing market (my market) will thrive for at least a few more years. Especially in the miami area.

From where I sit (someone who owns two S FL properties plus one in North FL), South FL is the market in the US most likely to drop precipitously.

Miami especially is way overbuilt, and all of your allusions to the relationships between stocks, bonds, mortgage rates and the secondary market mean precisley jack shit against obvious supply and demand mismatches.

You sound like you're trying to convince yourself that the market is strong down there.

Miami real estate is going to fall like a stone.

 

[ziggyziggy]

My friend, Mr. Housing Bubble has a message for all high valued property owners, who still owe big money....

Zig

 

[Tadow]

My friend, Mr. Housing Bubble has a message for all high valued property owners, who still owe big money....

Zig

Haa haa. Nice.