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re: Housing market question
Posted on 5/28/21 at 9:04 am to KwoodTiger
Posted on 5/28/21 at 9:04 am to KwoodTiger
This is a great breakdown - If inflation is only transitory and/or fed keeps the rates low, this will stay like this for at least two - three years. However, if housing increasing at this same rate in 2-3 years, we will be in a housing bubble because incomes will not be able to meet the cost of living. Biggest thing to look for in 2021 is if the inflation numbers start improving.
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