Some random Boston real estate thoughts about the future of the Boston condo market:
After the elections, there is no incentive to keep the forbearance going.
It will be time to tear off the band-aid and let the market correct itself
We may be in the middle of a so called Massachusetts crack up real estate boom. It will not end well as the debt always seems to eventually throw a wet blanket on the “party”
keep in mind that during many serious downturns in the real estate markets, Fed was there pumping all they way….
Nothing causes amnesia faster than a real estate bubble, except for borrowing money….
“Most human beings have an almost infinite capacity for taking things for granted. That men do not learn very much from the lessons of history is the most important of all the lessons of history.” – Aldous Huxley
My favorite real estate quote: The often repeated. “This time its different!”