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Original post made
on Jul 16, 2013
Housing prices are rising primarily because of foreign investment, not because we're out of the recession. Expect the bubble to pop within the next ten years once the boomers are all trying to sell off the big nest egg and no one can afford to buy.
Housing prices are actually rising because we have lots of jobs, good schools and great weather. Nothing to do with foreign investment and its not a bubble.
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