Cantillon Effect: Real Estate Prices Must Go Up? US Home Inventories Collapsing While Rents Collapse

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by Jason Burack of Wall St For Main St

Rents in many major metro areas in the US are collapsing during the pandemic, evictions are frozen (for now at least) and at least 15 million Americans have their mortgages on forbearance.

And yet despite all of this, inventories of homes for sale in the US is collapsing?


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