But the National Relitter (not a typo) Association says “don’t worry, no crash coming”
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Edited: Jul 12, 2022
60,000 purchase contracts cancelled in June
60,000 purchase contracts cancelled in June
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The US housing market is slowing fast. And it’s going to get worse. And the media isn’t paying attention yet. Higher rates, plummeting home sales, spiking inventory, plummeting home construction = less demand for durable goods. The Fed has revealed their plan. Slow down housing, slow down inflation
textbook Fed induced recession