www.calculatedriskblog.com/2025/12/case...
Higher inventory should lead to lower sale prices (or at least price growth slower than wages)
But don’t you still need more rate cuts to actually get close to 2010s levels of affordability given the absolute price increases since then?
Higher inventory should lead to lower sale prices (or at least price growth slower than wages)
But don’t you still need more rate cuts to actually get close to 2010s levels of affordability given the absolute price increases since then?
Chase is levered to the US and global economy, so you could argue TBTF, but their actual income statement and balance sheet is not impervious to downturns
Chase is levered to the US and global economy, so you could argue TBTF, but their actual income statement and balance sheet is not impervious to downturns
Democracy (like baseball) relies on a shared collective understanding that there are rules and lines. If not, we are all just playing our own variation of Calvinball…
Democracy (like baseball) relies on a shared collective understanding that there are rules and lines. If not, we are all just playing our own variation of Calvinball…