Housing prices relative to income are moving back toward bubble highs. In the case of new homes, the ratio exceeds its prior peak. Existing home sales are not there yet, but fast approaching. Easy money, as always, the fuel feeding the fire.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- Augmentation and Replacement: The Future of Robot Workers - September 19, 2018
- The One Mistake Some Investors Never Learn From - September 18, 2018
- Coca-Cola Getting Back to its Roots - September 17, 2018