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anonymars
5 days ago
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High-income job losses are cooling housing demand
Not for nothing--I'm no optimist either--but, by what measure? I see at most one quarter of negative GDP[0]. The US market is up at least 50% since then.
[0]
https://fred.stlouisfed.org/graph/?g=1OmuJ
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[0] https://fred.stlouisfed.org/graph/?g=1OmuJ