What a great selling opportunity for existing homeowners.
All cash buyers wanting to buy their homes at premium prices.
They of course are establishing new market prices.
Sure.
And we can go ahead and tell young people that the reason they did everything right—studied, got good grades, graduated from college—and yet can’t find a job or buy a house, is because we sent their jobs to China so China can use the money to drive the price of houses so high our kids will be living with their parents until they are old themselves.