The Real Lender on Your Mortgage Could Be the Federal Reserve (Home Price Growth To Wage Earnings At Housing Bubble Peak)
by confoundedinterest17 The spread between home price growth and wage earnings is back to the days of the US housing bubble that peaked in 2005. But this time it is different. The 2005 housing bubble was driven by shoddy credit and limited documentation lending. This time the housing bubble is driven by The Federal Reserve. (Bloomberg … Read more