Tag: housing recession 1980s-style
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According to BofA, brace yourselves for greater “turbulence” in the home market; this is a housing recession a 1980s-style
Housing market pessimists have been warning of an impending crash in the residential real estate market in the United States for years. Years of rising home prices had some analysts predicting that the real estate market was a huge bubble ready to burst even before the Federal Reserve started raising interest rates to battle inflation this…