Where’s the fire? By the third year of any previous recovery, the Fed has had to lean into housing to slow it down, so what’s going on?
- Sales of new homes need about a decade at the current rate of gains just to get to historical “healthy.”
- Loan standards don't seem to be the problem -- instead, it's the issues underlying affordability.
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Inman Connect New York | January 29 - February 1, 2019