Is there a housing bubble?
Posted on AllSides June 7th, 2021
From The Left
ANALYSIS
Houses are getting more and more expensive. There’s a simple fix for that.
More than half of homes in the US are selling above list price. People are playing a lottery to see if they’ll win the honor of spending hundreds of thousands of dollars to build a home. The Case-Shiller US National Home Price Index looks like a rocket ship launching into space. You’d be forgiven for flashing back to the aughts but listen closer, that’s not Fearless playing, it’s Fearless (Taylor’s version).
There’s a growing sense of unease. Renters at the lower end of the...