Tue Mar 28 8:10:54 EDT 2023
Home#COVIDThe Housing Market Daedalus Created

The Housing Market Daedalus Created

NAMFS Requesting $120K For Personal Pay Hikes As The Industry Melts Down

The red hot housing market which was incited by the free money in which the Federal Reserve and both the Trump and Biden Administrations have been throwing at everyone other than the American Public may finally be cooling off. With inflation running out of control and the Fed terrified to put on the brakes, the economy itself may be inserting its own form of control. Currently sitting at 5.39%, inflation is being fanned both by zero percent loans from the Fed in combination with a continuing $120 billion a month in QE purchasing. Moreover . . .

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