Housing Prices HAVE to go up…
Here’s a good video on why the housing prices HAVE A LONG WAYS to go up in the USA:
Quotes from speaker:
“Largest single family home deficit EVER” right now. Exactly the opposite of what you expect if market is about to go down…
“Inventories are your drivers of the future price of homes. PERIOD.”
“You CAN NOT have a crash in the housing market when there’s a major deficit in homes. It can’t happen.”
“We are going to have inflation. We’ve had it every single time when the housing unit starts begin going up.”
“Going to see prices up 7x from the low”
“Look at this one chart. Housing prices HAVE to go higher”
“This market is screwed”
“It’s coming. It’s coming. We have to build our way out of this.”
“If we lose reserve currency status, that money is coming back and coming back quickly and will drive up asset prices.”
This is someone I respect and follow for the silver and commodity world. Good analyst and reader of charts:
Thanks for posting this Sir Chuck
Very Interesting and in line with what Cyclops has posted…the real Estate Cycle is just half way done…has 7 more years to rocket
Hard to believe isn’t it ?