Housing market Peak
So everyone wants to look at the charts and make a determination that the housing market is at a peak based off of previous data. I am not so convinced.Housing market has also continued to grow nonstop In the same exact chart. I think the difference between the bubble now allegedly allegedly and the bubble in the past the past is that the mortgages are not built on horrible notes. What if this is not the peak it's not the peak and inflation is just it's just buffering all of our costs. I saw this gentleman buy a truck for $22000 2001 And then list it for sale for $25000 used 20 years later. He'll get about what he paid for it. It's not that the value of the truck has gone up so much it's that inflation has caught up with everything. Now I'm not an economist nor do I consider myself a smart guy and I have a lot to learn,But When I was young you were always told if you do a good job Then every year you ask for a raise. I never stopped to consider that if the cos...