Not necessarily, demand in Bay Area for example is not really connected to homelessness all that much. While rents have dropped a bit here, it more likely to g

Not necessarily, demand in Bay Area for example is not really connected to homelessness all that much. While rents have dropped a bit here, it more likely to get 2 months rent free rather than actual drops. In a tough economy I would expect rents to drop and in turn asset prices as well. The 6 trillion pumped in has to go somewhere, if it’s not inflation of consumer goods, it is inflation of capital goods. This has made it incredibly harder for mobility and wealth inequality