Tuesday, September 21, 2021

Housing markets across the nation and even in strong economies are plateauing.While the jury is out on much of the reasoning, the data points towards the lack of incomes keeping up with ballooning prices as well as borrowing costs. And if you really look at the data, many markets are looking like Miami towards the beginning of the 2008 crisis. The only difference is that the risky lending and overleveraging is not present. That should seriously concern people. Notable, though, Dallas and Denver, the two cities whom suffered dramatically in the Crisis, are now . . .

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