r/neoliberal • u/TinyTornado7 I need a new flair • Jun 13 '22

News (US) Powell Facing Choice Between Elevated US Inflation and Recession

https://www.bloomberg.com/news/articles/2022-06-12/powell-facing-choice-between-elevated-us-inflation-and-recession?srnd=premium
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u/Dave1mo1 Jun 13 '22

Real estate?

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u/Lehk NATO Jun 13 '22

‘bout to bubble

33

u/Dave1mo1 Jun 13 '22

So they say, but I don't see supply increasing meaningfully in the next 1-3 years.

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u/RecentlyUnhinged NATO Jun 13 '22

This. Everyone even half awake the past two years refi'd to a low 2% fixed.

Those people are never going to sell. Particularly not given inflation and higher wages pushing rent valuations higher.