C’mon baby… Crash!

I have been watching the real estate market for several years now and I think it’s become a bubble and will pop soon. The subprime loans market has already plunged and if interest rates continue to rise, other sectors will collapse as well. This will lead to massive foreclosures, which will in turn create a supply glut and prices will drop. Which all would make me a happy man, because I will be able to buy my first home soon!

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Joel Gross

Joel Gross is the CEO of Coalition Technologies.

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