Originally Posted by 5genlx
and this is why the housing market is skyrocketing right now. everyone gettin on these interest only mortgages to buy a house they couldnt normally afford. but in some ways thats good and bad. its just people are looking at this like another bubble waiting to burst.
The housing market is a lil excessive right now, but it had been down for about 10 yrs and it was just waiting for a grouth spur. Now when the bubble bursts house prices are gonna drop, but they wont drop as much as they have gone up. If ur in the business of real estate this is good overall.
