General World News

Credit data shows: There’s no housing crash coming

The housing bubble crash theory has failed once again as we approach the end of 2024, but it’s always important to know why something didn’t happen. This week, we got the updated New York Fed credit data report and it shows the strong position of homeowners — especially in comparison to the years before the Great Financial Crisis.

This is the kind of information you need as we get close to Thanksgiving and share the dinner  table with Uncle Dave who says (for the 13th year) that we’re seeing 2008 all over again. This is the person who says details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com