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[–] 3 points 1 year ago (2 children)

I more or less agree. The home price to income ratio in the US bottomed out in '74 at 3.62-ish. A healthy economy is between 4 and 5. The peak of the housing bubble was 6.78. Today it's around 7.05. We are beyond cooked and this lady is out of her mind.

That's a legitimate frustration. We don't need to pretend interest rates were at a record low for the boomers to validate that.

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