VodkaPundit

More Deflation Fears

Is there a rate below 100% at which homeownership reaches saturation?

Since the equities markets deflated two years ago, the one safe place you could put your money was into your home. Interest rates have stayed at historic lows, and home values have continued to climb. People needing cash have refinanced and borrowed money against the increased values of their homes. If you want to know why the economy is still holding on (even if only barely), it