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The pandemic has done a lot of strange things to the global economy over the last 14 months, from creating a massive shortage of semiconductor chips to a ballooning supply of hand sanitizer. 

The US housing market has gone haywire too, as urbanites took advantage of remote work to leave expensive cities and resettle in smaller towns across the US. But it’s not all that simple. Glenn Kelman, the chief executive of real estate brokerage Redfin, broke down some of his observations of just how unusual the current US housing market is in details ⇒

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