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September 23, 2022

Newsfeed: US housing market bloodbath: Prices will collapse by up to 20% because sector is already in recession – sparked by Bidenflation – and it will soon spread to rest of the economy, expert warns

Newsfeed: US housing market bloodbath: Prices will collapse by up to 20% because sector is already in recession – sparked by Bidenflation – and it will soon spread to rest of the economy, expert warns

Record-high housing prices in the US could collapse by up to 20 percent over the next year if a recession sparked by Joe Biden’s inflation takes hold, a top Wall Street economist has warned.

Newsfeed: US housing market bloodbath: Prices will collapse by up to 20% because sector is already in recession – sparked by Bidenflation – and it will soon spread to rest of the economy, expert warns Read More »

Newsfeed: Jerome Powell just warned that the US housing market needs a ‘difficult correction’ so that folks can afford homes again ⁠— but here’s why it’ll look nothing like 2008

Newsfeed: Jerome Powell just warned that the US housing market needs a ‘difficult correction’ so that folks can afford homes again ⁠— but here’s why it’ll look nothing like 2008

Real estate investors have largely done well for the past few years. But with higher interest rates, things could be about to change. The U.S. Federal Reserve raised its benchmark interest rates by 0.75 basis points on Wednesday, marking the third such hike in a row.

Newsfeed: Jerome Powell just warned that the US housing market needs a ‘difficult correction’ so that folks can afford homes again ⁠— but here’s why it’ll look nothing like 2008 Read More »

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