Several SurvivalBlog readers have contacted me in recent weeks, asking me to gauge where we are in the housing market cycle, here in the United States. My replies to them have reiterated a few key points: 1.) House prices have risen between 15% and 30% in most markets in the past 12 months. This is not sustainable, unless Dollar inflation increases considerably. 2.) There is a wide diversity of regional real estate markets. Some are clearly “over-bought”, while others are likely to continue to rise. 3.) Interest rates will probably continue to remain low, but at some point, they must …
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