To: dennisw
Climbing unemployment hurts real estate. While the Fed pumping money into our relatively stable stock market helps it.
The real estate market is always a good indicator of the state of the economy. Unlike the stock market, the Fed won't print money to prop up real estate prices. A central bank doesn't want to bother with maintenance, repairs, and property taxes. What a hassle!
To: Right_Wing_Madman
Unlike the stock market, the Fed won't print money to prop up real estate prices. You must be kidding me. That's EXACTLY why the Fed prints more money ... to ensure that properties retain at least sufficient value to cover the underlying mortgages.
54 posted on
05/10/2020 2:25:38 PM PDT by
Alberta's Child
("And somewhere in the darkness ... the gambler, he broke even.")
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