Search results

I replied to the macrobusiness post refered to there. Here's the reply: Someone pointed out that it's a comparison not correlation. Which may be true, but what else are comparisons for than implying positiove or negative correlation?!

There has been plenty of debate about whether we actually have a housing shortage. Perhaps we may soon have some market evidence one way or another. Interest rates are up which has dampened new housing starts. If the shortage is genuine then before too long people will be trying to buy up...