Behind The Numbers With Lena Petrova, CPA is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. The Federal Reserve is expecting a “soft landing”; however, the available data points to a different scenario.
another real estate bubble only sucks for those who own property and are actively trying to sell - when the bubble collapses (as they always do) real estate prices will crash. not sure how that impacts anyone other than current homeowners looking to flip property.
It’s not just real estate though. The trend is that people and companies are now in a situation where they need to borrow money just to break even, and lending is becoming increasingly tight because banks are realizing they’re not likely to see the debts repaid.