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Housing Bubble Caused by Greedy Capitalists?
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<blockquote data-quote="1989" data-source="post: 3057771" data-attributes="member: 10280"><p><a href="https://www.cnbc.com/2017/09/05/almost-half-of-top-us-housing-markets-are-overvalued.html?__source=newsletter%7Ceveningbrief" target="_blank">Almost half of top US housing markets are 'overvalued'</a></p><p></p><p>"Buyer demand has been stronger so far in 2017 than last year, but the combination of low inventory and rising home prices is taking its toll heading into the fall," said Nela Richardson, chief economist at Redfin. "Sellers are still in control of the market, but their advantage is narrowing as buyers are becoming less willing or able to chase escalating prices."</p></blockquote><p></p>
[QUOTE="1989, post: 3057771, member: 10280"] [URL="https://www.cnbc.com/2017/09/05/almost-half-of-top-us-housing-markets-are-overvalued.html?__source=newsletter%7Ceveningbrief"]Almost half of top US housing markets are 'overvalued'[/URL] "Buyer demand has been stronger so far in 2017 than last year, but the combination of low inventory and rising home prices is taking its toll heading into the fall," said Nela Richardson, chief economist at Redfin. "Sellers are still in control of the market, but their advantage is narrowing as buyers are becoming less willing or able to chase escalating prices." [/QUOTE]
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