
Logan Mohtashami: Are we stuck with higher mortgage rates?
HousingWire Daily
00:00
Is There a Job Loss Recession?
The Federal Reserve has basically said they believe a recession is coming this year just because they believe their unemployment rate is going up. They also believe the labor market gets better and that's why you get more supply of people coming in. That will put pressure on wage growth coming down. I'm of course not a 1970s inflation that goes view follow me on Twitter and bring it up every time anybody who tells me it's 1970s inflation you are major housing boom person rent inflation takes off existing home sales take off. We're looking for jobs to break so that you know the Fed will either the bond market or we don't needwe don't need a job loss recession.
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