Despite a robust U.S. economy, at least as measured by gross domestic product, real home price growth is locked in a cyclical downturn. If that’s not bad enough, it will likely get worse based on the same approach and factors that correctly flagged the housing bust — in real time — in early 2006.Bloomberg Opinion piece.
So Trumpster and company are driving up the treasury curve, housing takes a hit. It is completely expected,as they say, 'normally cyclic'.
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