In the US banks are now softening their requirements for mortgages because most of the low, easy picked fruit has been picked in another case of bankers rewarding bankers. Fees and penalties have been hiked. Next?
So get thee prepared; this is just another step in the ever-on-going cycle. Know that there's plenty inflation around, deflation is a non-entity, costs are rising, labor shortages cropping up and wages are about to follow.
Years ago a famous cartoon character was famous for always repeating: "What me worry?" Well, rising wages will bring forth the worry worms in droves.
So what as an investor are you going to do about it? How and where and why are you going to hedge your positions?
http://soberlook.com/2014/04/a-uk-housing-bubble-or-something-else.html
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