That will not allow mortgage rates to drop.In short... this is what happens when the economy is artificially stimulated for longer than is should be. 

Everything else is either 1) a corollary of a core principle or 2) noise and artificial barriers to entry.While I certainly appreciate being scrappy and hustling and trying to get into deals with nothing, it's just not something I'm interested in doing.

We are ramping up on additive manufacturing and approaching the tipping point on about 5 technologies (sensors and networks, artificial intelligence, ever increasing cost/performance of chips, robotics, and synthetic biology).

We're definitely in a bubble here in Charleston, but it isn't necessarily artificial.

Even if there is an increase at their 3yr review period, it's almost NEVER to the last sales price as those can be artificial in dozens of ways.

@Jorge RuizThat is a matter of opinion, and your read on the future growth or demise, currently i am a bit pessimistic on the market, cycles tend to be approx 9 years, and we are in year 9, the stock market is at an all time high (artificially inflated,IMO) and consumer confidence is quite high,  consumer debt is rising, again, and banks are getting loose, home buyer demand is high, and Charles Schwab is having a huge influx of new brokerage accounts.

Is $134,900 the market value of the house, or was it an artificially inflated listing price? 

I think the prices are artificially constrained because of the inability to develop new housing stock to meet the demand for housing. 

>Appreciation means nothing to me as I'm not selling and I don't do 2nd mortgagesI have only one property with a second and that is because the second loan is artificially low (it is at 3%). 

Without that property values may rise faster than they have been.I think the real issue the last 2-3 years is that tax assessed value was kept artificially low during the recession, and did not reflect market value. 2-3 years ago, after appreciation had already started to take off, there was a shift in philosophy to raise the tax assessments to market.