Re:What Economists Still Don’t Get About the 2008 Crisis
by Tiktaalik on Monday July 30, 2018 @07:59PM
(#17649372)
> 2. inflation happened but it was all concentrated into financial assets, real estate...
Real estate prices in Vancouver have spiked since 2008 so sign me up as someone who believes the fincialization of housing and QE is a main component in why Vancouver housing prices suddenly became wildly out of sync with local incomes.
Real estate prices in Vancouver have spiked since 2008 so sign me up as someone who believes the fincialization of housing and QE is a main component in why Vancouver housing prices suddenly became wildly out of sync with local incomes.