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FYI: Housing has been in vogue recently. The market is full of speculation that in the US housing will underperform for the foreseeable future. While we don't agree in the long term, there have even been mentions of housing weakness cropping up in Fed discussions, like this comment from Fed Chair Janet Yellen's economic outlook testimony to the Joint Economic Committee in May: Regards, Ted http://www.bespokeinvest.com/thinkbig/2014/6/22/global-home-price-values.html?printerFriendly=true
What is this "global home" of which they speaketh, and where do I find one? Must be a special kind of place. To the Greater Fool, we can only say, "Come on, come on in, the water's fine."
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Another way of saying "it's different this time".
To the Greater Fool, we can only say, "Come on, come on in, the water's fine."