The seeds of the next housing crisis have been planted

Re:The seeds of the next housing crisis have been planted by rtpg on Monday May 09, 2016 @08:47PM (#11664461)

Does it matter if there's fine art inflation? The real estate inflation boom seems more linked to housing policy than QE too...

Declaring mass inflation for the dollar doesn't seem to align with how CPI is evolving though, and it's not like the dollar is losing much ground to foreign currencies. If standard purchases haven't changed much, and purchasing abroad hasn't changed much, could we say that things have changed much?

Though you're saying slowly, maybe I'll ride the bubble til it bursts just like the rest of 'em.

[ Parent | on HN ]

Re:The seeds of the next housing crisis have been planted by pessimizer on Monday May 09, 2016 @08:59PM (#11664527)

> Does it matter if there's fine art inflation?

Depends on how leveraged it is.

[ Parent | on HN ]

Re:The seeds of the next housing crisis have been planted by rtpg on Monday May 09, 2016 @09:00PM (#11664533)

Good point, though I really hope we're not basing too many derivative products off of fine arts

[ Parent | on HN ]

Re:The seeds of the next housing crisis have been planted by Spooky23 on Monday May 09, 2016 @08:53PM (#11664497)

Fine art inflation is often just a form of money laundering and a tax shelter.

[ Parent | on HN ]