The New York Times: Wonking Out: Are We in Another Housing Bubble?

The New York Times, January 28, 2022, Wonking Out: Are We in Another Housing Bubble?

Do you remember the housing bubble? OK, if you’re 35 or younger, probably not — you were a teenager at the most when the bubble burst. But it was a huge deal at the time, and a very strange one.

So is history about to repeat itself? Well, there are important differences between this house-price surge and the previous one, differences that arguably make this one less worrying.

 

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