It's not sustainable. But for everyone looking at this like 2008, it's just different this time because of who is going to take the loss.
The biggest bag-holders will be taxpayers, because the government guarantees/insures the mortgages that back the MBS it issues, so that holders of MBS have...
And with all the headlines over CPI data coming in under expectations, PPI accelerated so those new homes ain't gettin' cheaper. The Fed cannot cave to the political pressure and has to keep rates as they are. Random thought.
Yep. However, I think when this bubble bursts it may end up being a good thing. More of a correction. This time it isn't banks holding the hot potato, it's huge investment companies. They'll lose their ass and good riddance I say. Plus I'm newly married and would like to be able to afford a home....
Here’s Apple’s statement.
The Illusion of Thinking
Apparently there's a whole research paper from Apple on the subject. I'm not smart enough to dive in.
The Paper
It is very much real. Here's a couple of examples from national media. And you can find this crap all over.
From MSNBC:
Sydney Sweeney's ad shows an unbridled cultural shift toward whiteness
The Atlantic:
The Discourse Is Broken