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, CFP® is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Richard C. Young & Co., Ltd. was ranked #10 in CNBC's 2019 Financial Advisor Top 100. Jeremy is also a contributing editor of youngresearch.com.
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