I read that this is due to the fact that the feds have injected more debt money into the economy than the amount that was lost due to covid. It's a weird thing that the knees are being knocked out (condos) while the top keeps marching up. With nobody wanting to go to the office, I wonder if downtown offices will be converted to condos. :)
2 comments:
I wouldn't put any trust in the numbers coming from the real estate cartel. I could be wrong.
This chart is the best. He loves FOMO, which is fear of missing out. I call it "The Greater Fool" theory.
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