Housing Crash Fears Fade as Prices Keep Rising Despite Slowdown
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Despite predictions, the housing bubble many feared did not materialize and home prices have continued rising, albeit more slowly.
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Runaway home prices were driven by strong fundamentals - high demand and limited supply - not speculation.
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Homeowners are in a strong financial position, unlike 2008, making a price crash unlikely.
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While the market remains unhealthy, prices are expected to keep slowly rising, not plunging.
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Rather than debating a housing bubble, the focus should shift to addressing the systemic housing shortage driving high costs.