Commodity Trade Mantra

Posts Tagged ‘Echo Bubble Housing’

The Echo Bubble in Housing Is About to Pop

Here’s the knife in the heart of the Echo Housing bubble: household income– stagnating for decades for 90% of households has declined since the Bubble Top when adjusted for inflation. Please explain how declining real income can support nosebleed home prices now that mortgage rates have bottomed & started their inevitable rise from absurdly low levels.

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