Housing prices and assets values will collapse by 50 to 75%
when interest rates spike by 3 to 4%. or more. That's just
mathematics. What will cause the spike? Oil prices are bound
to jump to 500 or 1000 a barrel within 5 to ten years, if not sooner. Food and material costs will rise proportionately, all of which is
inevitable. That's just physics.
And both are just logic.
June 6, 2014