Re:US home prices surge 17% in May, fastest in 17 years
by paulpauper on Wednesday July 28, 2021 @05:37PM
(#27990059)
hmm I don't recall QE and trillion-dollar stimulus being a 'thing' in 2004-2006. Or the 80s and 90s. The fed began to raise interest rates a lot in 2004 but the housing boom continued for 2 years later. I think it just comes down to shortages and speculation.
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Re:US home prices surge 17% in May, fastest in 17 years
by cm2187 on Wednesday July 28, 2021 @05:43PM
(#27990127)
The OP didn’t claim that houses prices only ever go up thanks to money printing. But with the amount of money being printed all asset prices go up, it’s almost mechanical. And we have done more money printing in the last 18m than in 10y of response to the 2008 recession.