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Bloomberg Wall Street Week: August 19, 2022

Wall Street Week

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Is There a Housing Recession Right Now?

Some people say we're in a housing recession right now. So i think you have to distinguish um movers from stayrs. What's true is that last year, people who were signing new leases, were buying new homes, were paying 15 or 20 % more than they had a year ago. All that fed through was the small fraction of people who saw their rents change,. and a constant rent for everybody else.

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