Heterodox
A housing market quandary: two completely contradictory reports on renting vs. ownership There are three potential areas of concern for the economy in the next 12 to 24 months that I see: 1. Inflation – this looks temporary to me. Demand side effects will probably fade by the end of summer, and supply side bottlenecks should fade within the year. 2. Stock price evaluations – I strongly suspect these are near secular highs and are subject...
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