Quote:
Originally Posted by Ibiza
It's only a matter of time before this cycle ends, as inflation is rocketing up— if the fed raises interests to cool down the housing market, then game over for the ridiculous over MRSP markups. Miami/SoBe, NYC/Gold Coast, Silicon Valley, Austin, and Seattle are areas that are insulated and can always demand top 💰
The federal entitlement hand outs end in September, hopefully, the market cools down. I for one have paying for hundreds of these entitlement hand outs  : |
It all won't end until the Fed stops buying debt and adding to their balance sheet. 120billion a month, up over 8trillion. They are propping up the market. Watch 10 year yield, that will be the sign. Debt market will implode first, then the rest. This could take some time, Fed just delaying the inevitable.