What Will Happen if the Fed Raises Rates with Danielle DiMartino Booth
Inflection Point
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The Importance of Housing
Home prices have been on an absolute rampage since january of last year. When you start to see home price roll over, and we have seen four consecutive months in cage chillerof dissipating growth rates at the same time that you're seeing rental inflation, this means that you're segwaing. This is the inflection point from going to a seller's market to a buyer's market. But trickle down works perfectly when the wealthy feel like theyare getting less wealthy. It trickles strait into the rest of the economy.
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