Tem42 comments on Money threshold Trigger Action Patterns - Less Wrong

17 Post author: Neotenic 20 February 2015 04:56AM

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Comment author: Tem42 30 August 2015 04:28:51PM 1 point [-]

There is a lot of debate in America about whether or not we are still in a housing bubble, but it seems to be the general consensus that in at least some areas of the country, buying a house is probably not a good long term investment.

Comment author: Lumifer 31 August 2015 01:24:19AM 0 points [-]

There is a lot of debate in America about whether or not we are still in a housing bubble

Do you, by any chance, mean the northern part of America that sometimes goes by the name of Canada?

In the USA, the pre-2008 housing bubble has certainly popped. Now, one can argue that there is another one inflating right now, but I haven't seen many people make that claim.

Comment author: Tem42 31 August 2015 10:33:06PM 1 point [-]

The Motley Fools have a pretty good, and brief overview.

There are other articles around that name various sets of large American cities that are maybe/probably bubbling, and California is often cited as being at the forefront of the bubble.

However, you are right, the claims are that we are in a new bubble, not the same old bubble.