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Buying or Renting in an Insane Housing Market? #476

How to Money

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Is the Housing Market a Bubble?

The average price of a home rose 50 thousand dollars over the past 12 months. Insanely low intrest rates are one of those things that helped fuel even higher prices. Not enough home builders, in the aftermath of the housing crash, went bankrupt or ah, justwthe their businessis shrunk a great deal. Also, we have this largely millennial cohort who who now wants to buy. Constraining the supply and causing prices to shoot up at faster rates.

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