Why Real Wage Decline Could Become A Problem For Housing Demand/Affordability

Sean Hanley says that currently, the Fed's policy and mandate are driving markets. He notes the Fed wants and also needs inflation and bond yields to rise, because the Fed cannot combat 'deflation' outside of printing money. Hanley predicts real wage decline could become a problem for housing demand and affordability in the future.

The Watch List

21 May 2021

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Why Real Wage Decline Could Become A Problem For Housing Demand/Affordability

Sean Hanley says that currently, the Fed's policy and mandate are driving markets. He notes the Fed wants and also needs inflation and bond yields to rise, because the Fed cannot combat 'deflation' outside of printing money. Hanley predicts real wage decline could become a problem for housing demand and affordability in the future.

The Watch List

21 May 2021