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America’s Inflation-Adjusted Housing Wealth Shrinks Again
Don't look now, but America's housing wealth declined a third straight month in inflation-adjusted t
Tough market for sellers.
Some buyers (without an urgent need to own their home) will quickly figure out that waiting an extra month or two, or 12- will likely result in lower housing prices and also allow more time to keep “down payments” invested in SPY.
Not a bad gamble…..