Letters: Jul. 4, 2005

AMERICA'S HOUSE PARTY

The cover report on the U.S.'s real estate bonanza and the way record home prices are changing people's lives drew responses from happy homeowners, worried prospective buyers and those dismayed by the rampant speculation. Some said the housing market is a bubble that's bound to break

Your article on the country's love affair with the housing market did a fantastic job of pointing out those who played the speculation game and won [June 13]. Such booms, unfortunately, are often followed by busts. Real estate may be safer than stocks or other investments, but to assume that this gold rush will...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!