The asset bubble that’s quietly popping
politico.com
politico.com
I’ve basically lost any respect for this profession in 2008, when you could see pseudo experts predicting pretty much anything all the time, despite being disproved by reality weeks after weeks.
I'm not one for excessive regulation, preferring a more Libertarian pov. The Fed makes the entire process and incentives just lopsided imo. Right now, too many people that would like to move are simply stuck in place, including myself, as trying to sell/move is impractical as buying in another area, owing the same amount even, would be 2-3x as costly because of interest rates.
The current state seems to disproportionately affect individuals over larger banking institutions.