How Housing Bubble #2 Bursts
Authored by Charles Hugh-Smith via oftwominds, Corporate / private equity / STVR investors are all fair-weather owners of housing. Let’s indulge in some basic logic: 1. All credit-asset bubbles burst. 2. U.S. housing is a credit-asset bubble. 3. The U.S. housing bubble will burst. The only variables are how and …