Starboard Commercial Real Estate

Alex Popov | October 25, 2005



The Center for Economic and Policy Research in Washington, D.C., has released a report titled, "The Housing Bubble Fact Sheet."

  1. "The unprecedented rise in house prices have dangerous implications for the economy."
  2. "The housing bubble has created more than $5 trillion in bubble wealth, the equivalent of $70,000 per average family of four."
  3. "The collapse of the housing bubble will throw the economy into a recession, and quite likely a severe recession."
  4. "The collapse of the housing bubble is likely to put major strains on the financial system and require a federal bailout of the mortgage market."
  5. "The housing bubble could pop from higher interest rates, but it could also deflate even if interest rates stay low."


Posted by: Alex Popov Commercial Sales and Leasing Specialist
Office: (415) 477-8474
Cell: (415) 269-1849
http://www.findcommercialspace.com
Posted 14 years, 2 months ago on October 25, 2005
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