Cracks in one of the nation’s hottest housing markets could be an early indication that the virus pandemic work-from-anywhere housing boom could cool as mortgage rates soar and affordability become an issue. In a weekend op-ed, Bloomberg’s Jonathan Levin wrote, “If you’re wondering where the U.S. real estate market might start to show its first cracks, keep an eye on Boise, Idaho.”
Boise’s Pandemic-Driven Housing Boom Begins To Crack | ZeroHedge
Published by markskidmore
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.
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