Home prices in US surge to 6-year high
In October, the cost of buying homes in the United States has surged once again. Prices have risen at the fastest rate in the last six years which shows that even though there is a raging pandemic going on, the housing market continues to boom. A rise of 7.9% yearly pace was seen in October, which was higher than the 6.6% rise seen in the prior month.
Just goes to show the declining dollar worth, physical stuff remains the same today as yesterday 💰😃
😭😭😭... Money printing by Washington DC = Assets inflation. 🤡🤡 tell 🐒🐒🐒🐒 that a 🚽 worth $100k. 🐒 🐒 🐒 🐒 Blindly believe the 🤡🤡. 🐽🐽🐽🐽🙏🙏🙏🙏.. ✌️😁
These article titles are leaving out information that in places like California average price is down around 18%. So the surge in home prices is spread out across a lot of rural areas and smaller cities.
I wonder if that’s tied to the mass exodus from California...
I’d imagine this doesn’t include New York or LA.
This is as a direct consequence of pumping Trillions into financial sector Bailouts.. the Feds consistently put money in the wrong hands..Trickle down is fantasty economics..imagine being in Casino where you can bet with wreckless abandon and not only keep what you win but keep what you 'lose' as well. They will lose your ability to own a home for you...and keep the house...