Inflation here? gas/grocery prices just continue to climb

efil4stnias said

The problem as i see it, housing prices are SO inflated right now, that any one of a dozen factors could contribute to a sharp decline in housing prices. Supply, imo, being the main catalyst. If it costs $200/sq ft to build and $220/sq ft to buy existing today, you are rolling the dice that number will be same 5 years from now. ( supply being a) cost of materials to build and b) number of homes on market )

Crapshoot lol.

dont roll 7 on the come out. lol.

Click to expand...

Agree, we aren't in a true bubble since it's normal supply and demand that driving up housing prices right now and not speculation... BUT, housing prices to income is getting seriously out of whack. The hope of course is that supply increases at an appropriate rate (and not a crash), and that rising interest rates cools demand down somewhat, causing an easing of price increases and maybe some modest price reductions.

Again, there are too many qualifying statements in the above, which means we've got raised risk.