I’m not predicting a housing price collapse but all four of these events are almost certain to happen to some degree and none of them are good for house prices.
Four Major Events That Could Topple The Housing Market All Over Again
Has The US Housing Market Really Bottomed?
Most Americans have heard of the “fiscal cliff.”
The term — first used last year by Federal Reserve chairman Ben Bernanke — refers to the economic disaster that awaits America if tax increases, spending cuts and budgetdeficit rules go into effect in January 2013 if the Democrats and Republicans in Washington, D.C. can’t come to an agreement in three weeks.
But while the fiscal cliff threatens to derail the U.S. economy, real estate is teetering on its own fiscal cliff. Here are four areas of concern.
via The Coming Real Estate ‘Fiscal Cliff’ – Business Insider.