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Real Estate
Reply to "43% of home purchases are all cash"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Total housing bubble, led by investors this time and hot money fleeing QEs low rates. Definitely *different* than last credit bubble, much more similar to the tech bubble, which was also investor led.[/quote] Did you read the latest from the fed? They are concerned that values aren't going up fast enough.[/quote] Yes, because the Fed is trying to inflate our way out of the housing bubble. They want values to go up, and then have it push wages and overall inflation. We are actually on the precipice of another depression, that's why the Fed is being so aggressive. They have succeeded to push up housing prices, but they have to exceed the past peak to stoke inflation like they want to. [/quote]
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