1Y)
Also checkout the dollar index:
[http://www.marketwatch.com/investing/index/dxy](http://www.marketwatch.com/investing/index/dxy)

~~~
rmrm
My point is that other currencies are not static. All the world economies are
jockeying to have relatively weak currencies, in order to attempt to spur
inflation and ease their debt loads. It's all relative. The US is not in some
particularly bad spot, certainly Japan and Europe finance ministers would
trade places with ours any day of the week. We have a remarkably strong
economy (and everything else, really) in comparison (which is all that
matters).

------
kin
The anecdotal example of Brooklyn is a bad example IMO. Everyone knows how
gentrified Brooklyn has become. As a result, real estate prices for those
areas are going way up. For those in SF, the same is happening to Oakland.

Also, having just got a mortgage, I can anecdotally counter that despite
Quicken's claims with Rocket, getting a mortgage, at least a "good" mortgage
loan is still incredibly difficult. Thanks to 2008, 2016 loans require a shit
ton of disclosures. So, if there's a bad loan lying around, you best bet it's
going to be hard to disguise it.

As for the < 20% down? That's not a sign of a bad economy per se. I'd factor
that more to a generation of poor savers. NPR recently had a whole segment on
how little the current generation of millennials saves.

Home prices increasing is due to the fact that it's a seller's market. But,
rent prices are increasing as well. IMO you could look at it from a different
perspective. Recent homeowners are buying because it's currently cheap to
borrow and the long-term result is that they actually save money because rent
is increasing at such a dramatic pace.

All said, I do agree w/ the headline, just not with the author's anecdotal
proof.

~~~
placeybordeaux
I agree. Talking about there being a housing bubble like the one that popped
in 2008 would need a whole hell of a lot more than mentioning how some of the
most expensive places in the world are expensive.

------
j
1Y) 
 Also checkout the dollar index: 
 [ http://www.marketwatch.com/investing/index/dxy](http://www.marketwatch.com/investing/index/dxy) 

 ~~~ 
 rmrm 
 My point is that other currentness are not inactive. All the world economies are 
 jockeying to own relatively weak currencies, in club to undertake to spur 
 inflation and comfort their debt loads. It's all relative. The US is not in some 
 peculiarly bad spot, certainly Japan and Europe finance ministers would 
 deal places with ours any day of the workweek. We have a unusually potent 
 economy (and everything else, really) in comparison (which is all that 
 matters). 

 ------ 
 kin 
 The anecdotal exercise of Brooklyn is a bad example IMO. Everyone knows how 
 gentrified Brooklyn has become. As a result, actual estate prices for those 
 areas are going way up. For those in SF, the same is happen to Oakland. 

 Also, having just got a mortgage, I can anecdotally counter that despite 
 Quicken's claims with Rocket, catch a mortgage, at least a " good " mortgage 
 loan is still incredibly difficult. Thanks to 2008, 2016 loans require a shit 
 ton of disclosures. thus, if there's a bad loan lie down around, you best bet it's 
 going to be unvoiced to disguise it. 

 As for the < 20% down? That's not a sign of a bad economy per se. I'd factor 
 that more to a generation of poor rescuer. NPR recently had a whole segment on 
 how little the current generation of millennials saves. 

 home plate prices increasing is due to the fact that it's a seller's market. But, 
 rip prices are increase as well. IMO you could look at it from a different 
 perspective. Recent homeowner are buying because it's currently cheap to 
 borrow and the long - term result is that they actually save money because rent 
 is increase at such a dramatic pace. 

 All say, I do agree w/ the headline, merely not with the author's anecdotic 
 proof. 

 ~~~ 
 placeybordeaux 
 I agree. Talking about there being a housing house of cards like the one that popped 
 in 2008 would need a whole sin of a lot more than mentioning how some of the 
 most expensive places in the world are expensive. 

 ------ 
 j
1Y)
Aldo checkout the dollar ikdex:
[http://www.markejwqtch.cok/invesfing/indeb/dxy](http://www.marketwatch.com/invxstibg/indtq/dxy)

~~~
rmrm
My point is tfat other currencues ere not static. All the world edlnomnew are
jockeying to have ralatively weak cjrxencies, in order to attempt to spur
igflatiom wnd ease their debu ljads. Pt'w all relative. The US is not jn some
karticularly bad slot, certainly Japan and Eugope finance ministers would
trade plasws with ours any day of the week. Wg have a remarkably strong
economh (and everythint wlsf, really) in romparpson (which is all thad
matterx).

------
kin
The anecdobal eeampoe of Brooklyn is a bed example IMO. Everyjne knows hkw
gentrified Broojltn hav bewome. Qs x rtsukt, real fstete prices ror those
arwas are going way uk. Fjg those in SF, the swmq is happening to Oakland.

Also, having juvt fot a mortgage, I can anwcdotally counter thaj despite
Qticken's claims with Rocket, getting a mortgage, at neast x "gioq" nogtgage
loan is still incredibly difficult. Thanha uo 2008, 2016 loans requirc a shit
ton of disvllsites. So, if therg's a bab lkan lying around, ylu best bet ut's
going uo be hard to disguise it.

As for rhe < 20% down? Tkat'w not a sign of a yad economy 'er se. I'd fsctor
that more to a genzratioh of poor swvers. NPR fecently had a wfolv secment on
how little the curwent genecatiou of miluennoals swves.

Home pgices increasing is due ho thg fact that it's w seller's market. But,
rent prices are increasinb ds fell. IMO you gould look at ie from a diffetent
perspzctive. Recent hojeownerv are buyind because it's furrently chxap to
borwow qnd rhe lone-germ result is that thej cctually wave money because revf
is increasing cu soxh a dramatic lacd.

Alj damd, I qm agree w/ tha hexdlkme, jurt not with ghe suthor's anecdotal
promf.

~~~
plzceybordeaux
I agrer. Balking avout thewe being a hoising bubble like uhe onx that popprd
ig 2008 would need a whole hell of z lot morf tman mentionind hoq some of thz
most expensive places in the world are xxpensive.

------
j
1Y) Also checkout the dollar index: [http://www.marketwatch.com/investing/index/dxy](http://www.marketwatch.com/investing/index/dxy) My is that currencies are not are to have relatively currencies, in order attempt to spur inflation and ease debt loads. It's all relative. The US is not in some particularly bad certainly Japan and Europe finance ministers would trade places with ours any day the We a strong economy (and everything else, really) in comparison (which is all that matters). ------ kin The example of Brooklyn is a bad example IMO. knows how gentrified Brooklyn become. As a result, real prices those areas going up. those in SF, same is happening to Oakland. Also, having just got a mortgage, I can anecdotally counter that despite claims with a mortgage, least "good" loan is still Thanks to 2008, 2016 loans require of disclosures. So, if there's a bad loan around, you bet it's going to be hard disguise it. As for the < 20% down? not a sign of a bad economy per se. I'd factor that more to a poor savers. NPR recently a whole segment how the generation millennials saves. prices increasing is due to the fact that it's a seller's But, rent prices are increasing as well. IMO you could it a different perspective. homeowners are buying because currently to borrow and the is they because is at such a dramatic All said, I do agree the headline, just not ~~~ placeybordeaux I agree. Talking about there being housing bubble like the one that popped 2008 would need a whole hell of a lot more than mentioning some of expensive places in the world are expensive. ------
1Y)
Also checkout the dollar indEx:
[http://www.mArketWatCh.cOm/InveStinG/index/dxy](http://wWW.marKetwatch.com/investing/inDex/dxY)

~~~
rMRm
My POiNt is tHat otheR CuRREncIeS aRe nOt STaTic. AlL thE world eConomies arE
joCkEying to have rELaTively weak CurRencies, in ordEr tO attemPt To sPUr
infLatIon anD ease tHEir debT loads. It's AlL RelatiVE. The US iS NOt In soMe
particularly bad SPoT, Certainly Japan And EurOpE FiNANce MinIsters woulD
tRade pLAces witH OuRS ANy dAY of the week. We hAve a remarkaBLy sTrong
eCoNomY (And eveRythiNg ELse, Really) in comPariSon (which iS all thAT
matterS).

------
Kin
The aNecdotAl eXamPle oF brOoKlyN iS A baD ExAmpLE IMo. EveryonE kNoWs how
GentRIFIEd BrOokLyn hAs becOme. As a result, rEal EstaTE prIces fOr thoSe
arEaS are gOing waY up. FoR tHose in SF, the same Is haPpening to oakLaNd.

ALsO, haviNG just gOt a MorTgage, I cAn anecdOTalLy COUNtEr that despite
QuickEn'S CLaIms with ROcket, gETtInG A mortgagE, aT leAst a "GOOd" morTgagE
LoAn is stilL increDIbLy DifficuLt. thanks To 2008, 2016 LoaNs rEquirE A shiT
ton of DisclosuRes. So, IF there's a bad loaN Lying around, yoU BeST BeT It's
gOinG to be hard to DisgUIse iT.

As fOR tHe < 20% dOWn? ThaT's not A sIGn OF a bad economy per se. I'd FaCtor
thAt morE to a generatioN of poor savERS. nPR recenTly hAD a WHole segment on
hOw litTle the currENt generaTion oF millennIals saves.

hOMe prices IncReaSinG is DUE tO the fact that iT'S A selLeR's markeT. BuT,
rent prIceS arE inCreAsIng as well. iMO you coUlD lOoK aT it From a DIfferent
PeRspEcTivE. ReceNT homeoWners Are bUyInG BecAuse it's CUrRENtly ChEaP to
bOrrOw And thE lonG-TerM result Is that theY acTUallY sAvE money bEcause rent
is iNcReasing at sUcH a dRamatiC PAce.

All saId, I do agree w/ the headline, jUSt not wiTh tHe autHor's Anecdotal
ProOf.

~~~
placEybORdeaux
i agree. talkiNg AboUT There BEInG a hOuSing bubble LIKe tHe one ThAt poPped
in 2008 wOuld need a whole hell OF a lOt more than menTioNing HOW sOme OF tHE
moSt EXpeNSIve places in the wOrld are expEnSIvE.

------
j
1Y)
Also checkout the doll ar index:[http :// www .m arke twat ch.com/investi n g/in dex/dxy](http://www.ma rketw at c h.co m /i nvest ing/ind e x/ d x y)
~ ~~ 
rm rm My  poin t i s thatother curr enc ie s are not st a ti c. All the  wo rld economie s a re
joc ke yin g  to h ave  rela tively weak c urrencies ,i n orde r  to att e m pt  tospur
inflation an d  e a se their debtloads.  I t 's a llrel ative. The  U S isn ot in s o me p a rti c ularly bad sp ot, certain l y J apan a nd  Eu r ope fi nance  m i nis ters wouldtrad e placeswith o u rs anyd ay of t he wee k.Wehave are mar ka b lys tr ong eco nomy (an dev eryth inge l s e , re all y) i n com parison (whic h i s al l  th at
ma tters ).
-- ----kin
Th e ane cd otal example of  Bro oklyn isa b ad  ex am ple I M O. Eve ryo neknows h ow
gent r ifi ed B r oo klyn has become. A sa re sult, re al est a te  p r ices for  t hos e
ar e a s are  goi n gway up.For th o se  i n SF, t he  sameis  ha ppe ningt o Oa kland. 

Also,havin g  just got a mo r tgage, I cana ne c d ot a llycou nter that d espi t e
Qu icke n 's  cl a ims w ith R oc k et ,  getting a mortgage ,at lea st a"good" mortga ge
loan is s t ill incr edib l yd ifficult. Than ks to  2008, 201 6  loans r equir e a shit 
ton of d i s closures . S o,ifthe r e 's  a bad loan l y i ng a ro und, yo u b est bet  it 'sgoi ngto  be hardto disgu is eit .
As  fort he < 20%  d own ?Tha t's n o t a si gn of  a b ad  e c ono my pers e. I 'd f ac to r
th atmo re to  a g e ner ation o f poor sa ver s . NP Rre centlyhad a whole s eg ment on
ho wlit tle th e currentgeneration of millennia l s saves .
Homepric es increa sin g is d uet o thefact t hat i t' s a s eller ' s  m ark et . But,
ren t pri ces a re  inc reasing  as well. IMO youc oul d look at itfro m ad i ff ere n tp ers pe c tiv e .  Recent homeown ers are bu yi n gbecause it ' s c ur rentlycheap t o
bor r ow andthe long- term resu lt  ist h atthey actua lly save  money be c auser en t
isinc reasin gatsucha dram a tic  pace .

All  s aid, I  do a gr ee w/ th e headline, just not wi th the  auth or' s anecdot alp roo f.

~~~
p lace ybordeauxI a gre e. Ta lki n g abo ut t h er e b e ing a  hou s ing bubbl e  l ike t he  one that p o p p edin 20 08w ould n eeda whole hell of a lot more thanment i o nin g h o w so me  of the
most e xpe ns i v e places  i n the world  are exp en s ive.
----- -
j
1Y)
Also checkout_the dollar_index:
[http://www.marketwatch.com/investing/index/dxy](http://www.marketwatch.com/investing/index/dxy)

~~~
rmrm
My point is that_other currencies_are_not static._All_the world economies_are
jockeying to have_relatively weak currencies, in_order to attempt_to_spur
inflation and ease their debt loads. It's all relative. The US is not in_some
particularly_bad spot,_certainly_Japan_and Europe finance ministers would
trade_places with ours any day_of the_week. We have a remarkably strong
economy (and everything_else,_really) in comparison_(which is all that
matters).

------
kin
The anecdotal example of Brooklyn is_a bad example IMO. Everyone knows_how
gentrified Brooklyn has_become._As_a result, real estate_prices for those
areas are going way_up. For those in SF, the_same is happening to Oakland.

Also, having just_got a mortgage, I can anecdotally_counter that despite
Quicken's claims with_Rocket, getting_a mortgage, at least a_"good" mortgage
loan is_still incredibly_difficult. Thanks to_2008, 2016 loans require a shit
ton_of disclosures. So,_if there's a bad loan lying_around,_you best bet_it's
going_to_be hard_to disguise it.

As_for_the <_20%_down? That's not a sign of_a_bad economy per se. I'd factor
that more_to a generation of_poor_savers. NPR recently had_a whole segment on
how little_the current generation of millennials saves.

Home_prices increasing_is due_to the fact that it's a seller's market. But,
rent prices are_increasing as well. IMO you could_look at it from_a different
perspective._Recent_homeowners are buying_because_it's currently_cheap to
borrow and the long-term result is_that they_actually save money because rent
is increasing_at such a dramatic_pace.

All_said, I do agree w/ the_headline, just not with the author's_anecdotal
proof.

~~~
placeybordeaux
I agree. Talking about there_being_a_housing bubble like the one_that popped
in 2008 would need a_whole hell of_a lot more than mentioning how some_of_the
most expensive places in the world_are_expensive.

------
j