Home prices are rising faster than market forces would indicate they should and are becoming"unhinged from fundamentals," according to a new blog post written by researchers and economists at the Federal Reserve Bank of Dallas. Until recently, the possibility of a bubble wasn't widely supported. But after looking at housing markets across the US, the Fed researchers said new evidence is emerging.
The researchers recommended policy makers and market participants closely watch local markets for booms in prices in order to better respond,"before misalignments become so severe that subsequent corrections produce economic upheaval."Bubble brewingThe behavior of homebuyers and sellers over the past two years has been anything but normal, the researchers pointed out. Prices are at record highs and continue to move higher because there has been record low inventory.
Brewing? 😂😂😂. It has been bubble since past 1.5 years! Common sense is not so common these days. Did the writers of this article even high school graduates?
C'mon housing crash 🤞
Yes they have. How about us poor people How do we even survive
You can’t say it’s going to rain for 90 straight days and it doesn’t but on the 91st day it rains, be like I TOLD YOU!!!
Why are people stupid enough to pay these prices?
When this media says Disinformation it really means POLITICALLY INCONVENIENT TRUTH
what a sunshine day. welcome to China,welcome to Xinjiang.
You mean with a 5 million house shortage, affordable starter homes unprofitable to build due to cost of material/labor, and people moving out of big cities and high tax states there is a high demand and low supply in lots of areas.
If that weren't enough. Sleepy Joe is also messing up taxes.
Why did it take 2 years for the NY Times to say the Hunter Biden Laptop story is a real story and not Russian Disinformation? Is it because they are committed to the Truth or committed to spinning the truth?How committed Is the Biden Admin to spinning the truth also?
Laptop from Hell… n I’m loving it..😂🤣😂😂