In Lieu Of Perfect Timing: How To Think About A Potential Post-COVID Housing Market Crash
In many social circles, particularly among eager market observers, the ghost of the 2008 Financial Crisis has been showing its head. The post-COVID market is similar enough to the 2008 era in two ways: there’s been a global economic crisis, and the housing market has, so far, shown incredible strength. Q2 2021 hedge fund letters, conferences and more In truth, the lack of any endogenous failure makes this economic moment markedly different from that fateful year when the housing market came crashing down. Noticeably, it’s happening this time in reverse order. Throughout the thick of the pandem...