And you think Australian property is booming? The US is having another mammoth surge in property values, helped along by debt of course. From the WSJ: Mortgage lenders issued $1.61 trillion in purchase loans in 2021, up from $1.48 trillion in loans issued in 2020 and marking the highest mortgage borrowing numbers ever recorded. The
The post US housing market soars as loans reach new records appeared first on MacroBusiness.
[[ This is a content summary only. Visit my website for full links, other content, and more! ]]