Posted on 06/28/2021 4:30:54 AM PDT by millenial4freedom
so glad someone from the Fed acknowledges this...it just would have been nice if they thought about this before they pursued their hyper-QE policies...but what do I know, I'm just one of the plebians.
(Excerpt) Read more at ft.com ...
I don’t think it can bust until they drop the ban on evictions. That’s creating a huge supply shortage, which is helping drive prices through the roof. This is exactly why planned economies fail: competing interests create massive problems with the laws of economics, leading to extremely unstable situations.
Stability and predictability are the foundations of a strong economy.
Will Blackrock get a bailout on their 80,000 homes they have now and the 17,000 that a company they recently ??
Will Blackrock get a bailout on their 80,000 homes they have now and the 17,000 that a company they recently bought??
You bet...2008 v2.0
Houses are not going at deep discounts. It’s a feeding frenzy right now.
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