There are three potential areas of concern for the economy in the next 12 to 24 months that I see:
1. Inflation - this looks temporary to me. Demand side effects will probably fade by the
A Housing Market Quandary
Summary
- You can see that house prices really took off compared with rents during the housing bubble, and have done so again in the past year.
- Rents have only gone up about 2% in the past year, while house prices have gone up 12%.
- The CPI report and the Quarterly affordability report are giving us completely contradictory results, with completely opposite implications for housing going forward.
New Deal democrat As a professional who started an individual investor for almost 30 yeas ago, I quickly focused on economic cycles and the order in which they typically proceed. I have been writing about the economy for nearly 15 of those years, developing several alternate systems that include mid-cycle, long leading, short leading, coincident, lagging and long lagging indicators. I also focus particularly on their effects on average working and middle class Americans.