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How are people affording these crazy home prices?
You’re giving the government way too much credit, they’re not that smart. They see one step ahead and that’s it. No long term planning here - this is not China… Next step as I see it is inflation forces the Fed to end QE and then start to raise interest rates in late 22. They won’t get far...- Phoenix3585
- Post #256
- Forum: General Discussion Forum
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How are people affording these crazy home prices?
Dude, house prices are never going “back down”. Housing and the stock market are highly, highly correlated to one another now. Most of these people buying homes that are so out of line with local incomes have seen their investments up 100% from 2019. They have a lot of disposable income, and...- Phoenix3585
- Post #249
- Forum: General Discussion Forum
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