A Housing Market Quandary

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You can see that house prices really took off compared with rents during the housing bubble, and have done so again in the past year.

Rents have only gone up about 2% in the past year, while house prices have gone up 12%.

The CPI report and the Quarterly affordability report are giving us completely contradictory results, with completely opposite implications for housing going forward. https://seekingalpha.com/article/4420560-housing-market-quandary?mail_subject=new-deal-democrat-a-housing-market-quandary&utm_campaign=rta-author-article&utm_content=link-0&utm_medium=email&utm_source=seeking_alpha


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