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Demand is high because there is so much money in the economy and interest rates are so low. When these reverse, demand will reverse with it. Stimulus payments,
by 300bps 4y ago
Demand is high because there is so much money in the economy and interest rates are so low. When these reverse, demand will reverse with it.
Stimulus payments, $9 trillion fed balance sheet, historically low interest rates. All in the process of stopping / reversing.
https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm https://www.federalreserve.gov/monetarypolicy/bst_recenttren...
- notatoad 4y agoIn America, yes. But housing prices are following the same trend in most of the world, and not everywhere has quite the same economics.