What would real house prices look like in a world without bubbles?

What would real house prices look like in a world without bubbles?

The Great Recession was not caused by a the bursting of a housing bubble, because there was no bubble.  It was caused by tight money supply. Unaffordable housing is the macroeconomic story of our time. It is interesting that housing...
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Discrepancy in growth between incomes, rents, and house prices

Discrepancy in growth between incomes, rents, and house prices

How out-of-whack is the discrepancy in growth between incomes, rents, and house prices? The “San Francisco Housing Crisis,” as it’s called on a daily basis, is an extreme. But housing costs in major urban areas in the US have been...
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US markets: New-home sales fell 6.9% in January

US markets: New-home sales fell 6.9% in January

Sales of new homes in the U.S. tanked 6.9 % in January, a probable sign that buyers paused during the government shutdown. The Commerce Department said that new homes sold at a seasonally adjusted annual rate of 607,000 in January,...
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U.K.: Housing market outlook worst ‘for 20 years’

U.K.: Housing market outlook worst ‘for 20 years’

The housing market outlook over the next 3 months is the worst for 20 years, surveyors say. A net balance of 28% of Royal Institution of Chartered Surveyors (RICS) members expect sales to fall in the next 3 months. It’s...
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