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re: Is the Fed killing the housing market?

Posted on 5/8/22 at 8:57 am to
Posted by meansonny
ATL
Member since Sep 2012
25999 posts
Posted on 5/8/22 at 8:57 am to
House prices remain hot until unemployment creeps (people have the money and confidence to spend more).

If/when unemployment creeps, you will see a sharp correction in prices (how much depends upon the level of unemployment. Consumer confidence is the biggest driver of the direction of housing prices).
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