21 April 2023
The result? REAL US housing prices soared while REAL averge hourly wage growth was negative for 24 straight months. THAT is the Fed error induced housing policy blunder. But it did increase the US homeownership rate (blue line).
The result? REAL US housing prices soared while REAL averge hourly wage growth was negative for 24 straight months. THAT is the Fed error induced housing policy blunder. But it did increase the US homeownership rate (blue line).
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