Money Supply And Skyrocketing Home Prices (Limitless Prices In A Supply-constrained World, Median Price Up 38% Than Peak Of Home Price Bubble)

by confoundedinterest17

Just like The Office’s Dunder-Mifflin, the US housing market is like the ad campaign “Limitless paper in a paperless world.” Except that is “Limitless home prices in a supply-constrained world.”

Available inventory of homes for sale is helping to drive home prices through the roof. As in 38% higher than a the peak of the US home price bubble.

READ  Visualizing One Year of Fluctuating Covid-19 Vaccine Stock Prices

Of course, massive M2 Money growth is helping to drive home prices through the roof.

M2 is a calculation of the money supply that includes all elements of M1 as well as “near money.” M1 includes cash and checking deposits, while near money refers to savings deposits, money market securities, mutual funds, and other time deposits. These assets are less liquid than M1 and not as suitable as exchange mediums, but they can be quickly converted into cash or checking deposits.

READ  Here we go... Corn skyrocketing. As is pork/hog.... WAGE INFLATION IS COMING

 

 

698 views

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.