US Home prices are rising at their fastest pace in history...
fueling concern that a new real estate bubble has formed.
So far, nothing has been done, despite protest from some Fed officials like Boston Fed President Eric Rosengren, who recently argued that a “boom and bust cycle” in real estate is incompatible with financial stability.
Former Federal Reserve Vice-Chairman Donald Kohn made a similar point in a 2017 speech that Washington regulators “need the power to put limits on loan-to-value and debt-to-income measures, when loosening standards, perhaps occurring outside the banking system, threaten financial and economic stability.”
MarketWatch 21 July 2021
Vi har en hushållssektor som är mer räntekänslig än den någonsin varit tidigare, säger Stefan Ingves juli 2021
https://englundmacro.blogspot.com/2021/07/vi-har-en-hushallssektor-som-ar-mer.html
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