A senior Federal Reserve official has warned the US cannot afford a “boom and bust cycle” in the housing market

...that would threaten financial stability, in a sign of growing concern over rising property prices at the central bank.

“I’m not predicting that we’ll necessarily have a bust. But ....

The median price for sales of existing homes was up 23.6 per cent year-on-year in May, topping $350,000 for the first time.

FT 28 June 2021

Near Zero until 2023. Really?

The debt level and the leverage will reach the sky.

The market will force the Fed to act earlier, I think.

Englund blogg 17 June 2021

Englund