Reply to Federal Reserve: signs abound that housing market is entering bubble territory

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Reply to "Federal Reserve: signs abound that housing market is entering bubble territory"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I find it hilarious that people are genuinely arguing over whether an article by Fed economists is "clickbait."  Economists at the fed could give a damn whether their article gets clicks.  Citations?  Oh, yes, that they care about.  But whether randos on the internet click on that page?  Man, y'all are hilarious.[/quote]

Totally. OP and those with similar views are never going to convince the RE agents and other true believers that t[b]here is a significant risk of a collapse in housing prices[/b], no matter who says it or what evidence is cited.[/quote]

You know that is not what the article from the Fed you are quoting, right?  Did you even read it?

Here's what it actually says:

[b]"Based on present evidence, there is no expectation that fallout from a housing correction would be comparable to the 2007–09 Global Financial Crisis in terms of magnitude or macroeconomic gravity. Among other things, household balance sheets appear in better shape, and excessive borrowing doesn’t appear to be fueling the housing market boom."[/b][/quote]

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