Housing—Building Bubble or Growing Trouble

Quite interesting housing market report from Schwab…

I was recently asked whether there was another bubble developing in the housing market—while another investor questioned why housing had yet to gain real traction and if higher rates could cause another downturn. Due to the wide-ranging impact housing can have on the American economy, and the divergent views that are apparently out there, I thought it might be a good idea to give an update on the housing market (and because a picture is worth a thousand words, or so they say, this will be a little more chart-heavy than usual). Read on… https://www.schwab.com/public/schwab/nn/articles/Sector-View…

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How much inflation has there been over the last 10 years? The other factor is severe wage stagnation, which was mentioned in the Schwab article.