USA Housing Bubble

Finally, USA Housing Bubble has burst & it has caused the mass Financial Disaster. So How will Housing Bubble Burst of USA will affect the USA Population in coming years?

Well, for last 2 Decades, USA had developed a System. Just up to few years ago, Americans had made a Living by selling houses to each other, which they pay for with the money they borrowed from China. That’s now Over.

The Party is over now. American Households took a $ 13 Trillion hit on their wealth between the housing collapse and prices of nearly all Assets fell.

Now the sad Truth is that, the rising value of their house is not going to provide for their retirement. Thus they have got to start saving again.

Yes, This is true. Since Last 2 decades, the scenario was like this. You buy a House on Mortgage of 15-30 years, live in that house and on retirement sell that house for literally 10 times of inflated price than its real value. And up to now, Real Estate was the Asset which was fueling Retirement of most of the Americans on their retirement.

Buying a House & Selling it on the Retirement for hyper inflated Capital Gains was a trend in America. But Now because of the collapse in the Housing market, those days are gone when you can make fortunes out of Housing Market.

Now, everybody will have to Save & Invest Money regularly if they want to retire with Financial peace. You can not retire now in USA by simply selling your House….!!!