TXKAP

TXKAP t1_j6y9d1s wrote

Over the past three years, most homeowners in my community have seen their home values increase by more than what they make at their place of employment, which means it's been more economical to own a housing asset than it has been to work a 40-hour week job...

Have elevated real estate values impacted employee participation rates? And if so, does this mean the Fed is actively trying to decrease RE values so that people return to the workforce?

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