Is anyone else concerned that in the middle of an economic lockdown when productivity is at an all time low we are seeing people pay more than ever for houses?!
Lending rates are artificially low. Central banks are printing money at an astounding rate. Debt at all levels is increasing exponentially. And people are paying more than ever for houses!
This is not a good sign.
Edit: I’m calling it now. When the monetary and real estate bubble burst Keynesians will blame the “free market” and demand mOar GuBMinT.
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