Why there is no housing bubble
The sky is not falling. Yes, home prices are sky-high, but we really don't have a housing bubble that is anywhere near bursting. Here's why.
Housing bubble? What housing bubble?
With the 10-year U.S. Treasury bond yielding below 4% and 30-year mortgages available at 5.1%, there isn't a housing bubble
It's just that those who are predicting a housing bubble and its bursting may have much longer to wait than they expect right now.