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A comment on Secondary shops flooded with unicorn sellers. Parent comment

Re:Secondary shops flooded with unicorn sellers by danjayh on Friday February 19, 2016 @05:42PM (#11137289)
Yes and no. With regard to spreading, just prior observation that adjustments tend to spread. With regard to housing, the observation that the median home price : median income ratio is now above 5.2x, while at the last peak it was only at ~5x. The rate of growth is lower this time, but I don't think it matters because the ratio is still really bad.

http://politicalcalculations.blogspot.com/2015/04/the-curren...

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Re:Secondary shops flooded with unicorn sellers by pfarnsworth on Friday February 19, 2016 @05:47PM (#11137326)
During the last bust home prices went up not down. Because investment rotated from stocks to housing. Why won't that happen again, especially with ZIRP?
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