Does that mean I can’t buy a house because the bubble won’t collapse?
Does that mean I can’t buy a house because the bubble won’t collapse?
Yes. There's not going to be deflation to bring the prices back.
Yes. There's not going to be deflation to bring the prices back.
The lockdowns caused a dramatic drop in supply of goods and services (note widespread shortages). Stimmy checks and UBI-esque unemployment schemes caused a simultaneous increase in the supply of dollars.
I expect nominal real estate prices to surge as the money printer goes brrr.
The lockdowns caused a dramatic drop in supply of goods and services (note widespread shortages). Stimmy checks and UBI-esque unemployment schemes caused a simultaneous increase in the supply of dollars.
I expect nominal real estate prices to surge as the money printer goes brrr.
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