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Day: April 4, 2022

April 4th – Fighting the Last War

By Adam DeermountIn Basis PointsPosted April 4, 2022

What I'm Reading Fighting the Last War: We tend to look to the recent past to understand today's market.  However, the inflationary period of the late 1970s - which saw a decline in real housing prices with nominal prices up somewhat - is probably a better analogy than the housing...

Tags: Construction, Housing, Logistics, Mortgage, War, WTF
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