It's Another Housing Bubble and the Fed Is Holding the Pin
The bubble in the housing market today is bigger than it was before 2008.
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The bubble in the housing market today is bigger than it was before 2008.
The Federal Reserve now owns $2.6 trillion in mortgages
As of October 2021, housing prices had skyrocketed over 18% year-on-year. Housing prices are far above their 2006 bubble peak, even adjusting for inflation.
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