Loading ...Wall Street Mav
@WallStreetMav
·
23h
One-third of Americans’ net worth is in their house — 52 trillion.
That means every 1% drop in house prices knocks $520 billion out of Americans’ net worth. Jerome Powell needs to get off his rear and cut interest rates.
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Peter St Onge, Ph.D.
@profstonge
·
Apr 29
Home sales drop to a 16 year low — the worst since the 2008 housing crisis.
Will house prices crash?