An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Monday, August 24, 2015
Dr. Housing Bubble Blog — When housing becomes unaffordable for the young: The crushing burden of rents and student debt on future home buying.
Young Americans are priced out of buying homes and many are priced out from even renting. And somehow this is the group that is going to buy all the crap shack turnover once baby boomers decide to downsize either by choice or by nature.
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