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Desperately Seeking a Housing Bubble, and Failing

One of the supposed terrible effects of the Fed’s recent round of bond buying is a reinflation of the housing bubble. Hard to see it in the above chart from The Economist, which concludes: For houses, The Economist each quarter compares the ratio of prices to household income and rents against their long-run average in 20 countries.

via Desperately seeking a housing bubble, and failing | AEIdeas.

 

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