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And it will eventually. But that's far down the line... prices are still well above the covid era bubble run. And the easing of financial conditions over the p
by adam_arthur 4y ago
And it will eventually. But that's far down the line... prices are still well above the covid era bubble run.
And the easing of financial conditions over the past few months has buoyed the previously declining housing metrics. Markets front ran the recession far too early, which led to the recession not happening. Now Fed likely has to hike even more than they would have otherwise