how will the Real estate market do in Stamford, CT in 3 years?
The Real Estate Bubble is Real and Bursting Email Print By Tom Ball 04/19/2006 02:46:49 PM EST As with most economic issues of national and global significance, their percussive consequences are rarely felt in most people’s pockets until months or even years after an event has unfolded. Often, the possibility of such negative personal effects are denied or rationalized until all is lost and past inaction is regretted. Such is the case with the hotly debated U.S. real estate ‘bubble’. Does it exist or does it not? Should we care? Those who care will be determined by each person’s respective positions in the market as well as his or her associated [in]tolerance level for market volatility. That said, there would be some elements of the housing boom and bust that clearly affect us all. For example, about 25% of all jobs created since 2001 have been either the direct or indirect result of the housing boom. These include jobs in construction, real estate and mortgage finance. What happens t
