22 ms·
In what reality isn’t the housing market part of the real economy? The fact that it’s a scarce asset sensitive to easy money policies does not make it fantasy e
by lifty 6y ago
In what reality isn’t the housing market part of the real economy? The fact that it’s a scarce asset sensitive to easy money policies does not make it fantasy economy. More importantly, the housing market outpacing income increases is one of the major pains for a large percent of people.
- deleted 6y ago[deleted]
- anonu 6y agoThe term inflation here is getting mixed up... I'm talking about CPI inflation. Real estate is what you would call a risk asset. Wage inflation is yet another type of inflation. They're all interconnected