“Everyone here says Los Angeles is in a housing bubble,” my friend in LA said to me this week.
Is it true?
Is American real estate in a housing bubble again, just like it was in 2006?
The short answer is no – not at all.
The smartest thing my friend could do is be bold, ignore “everyone in LA,” make the contrarian choice, and buy a house (or two!).
Let’s look at LA first – then the nation…
http://beforeitsnews.com/economy/2017/03/no-bubble-in-real-estate-not-even-in-los-angeles-2883686.html By Vivi - Mar 24, 2017