Why there’s no bubble in the US housing market
Today’s US housing market is built on a solid foundation of steady and healthy growth, according to Walton Global Investments. The real estate investment and development group predicts ongoing demand for this sector means it’s far from heading towards a housing bubble.
Comparing the current US housing market with its performance in 2008, where sub-prime mortgages reigned, Doug Donald, Walton Global Investments senior vice president, real estate acquisition and disposition, says today’s market is more disciplined, driven by strong US economic indicators and jobs growth. In an interview with AsianInvestor, Donald outlined his reasons for believing that US demographics and real estate trends will sustain ongoing positive market performance.
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