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"The Fed's pandemic actions fueled a housing boom. As it tries to withdraw that support, it could be bad news for housing" How is this bad news? Housing is inc
by kart23 4y ago
"The Fed's pandemic actions fueled a housing boom. As it tries to withdraw that support, it could be bad news for housing"
How is this bad news? Housing is incredibly expensive relative to the average American's salary. Yeah it sucks for people that bought a house recently, but in the long term, it is absolutely a good thing.
- harambae 4y agoThis is how I see it as well. If clean drinking water doubled in price in 2 years would the same people go on CNBC and praise the gains in the "strong water market"?