These buyers probably all had to buy something.... anything in order to shield profits made in 2009. That's all it is. Nothing more. So it is essentially free money that would have gone away to taxes. This gives them some breathing room.
hey there.. I agree as well. total bubbles. things will rash again because the basics still arent in place. people need to have job and income to buy stuff. the only way i see things 'fixing' themselves. is massive inflation (currency deflation) time will tell I guess.
These buyers probably all had to buy something.... anything in order to shield profits made in 2009. That's all it is. Nothing more. So it is essentially free money that would have gone away to taxes. This gives them some breathing room.
chickcoop 2 years ago
hey there.. I agree as well. total bubbles. things will rash again because the basics still arent in place. people need to have job and income to buy stuff. the only way i see things 'fixing' themselves. is massive inflation (currency deflation) time will tell I guess.
sellingon 2 years ago
You have to give it up for Bernanke - he has successfully reinflated the stock and housing bubbles.
SoYouThinkYouCanInve 2 years ago