Economics

What's also crazy is despite rates going up, housing prices aren't going down, they're still going up. There is so much capital accumulated by the few, that even if the market dictates unfavorable deals for the common man, the massive capital holders honestly couldn't give a shit cause they can just buy everything up anyways. We're already reaching record levels of apartments/condos/SFH being owned by large corporate holdings and just renting them out.

With all the money pumped into the market because of COVID, I really don't know how the Fed can get itself out of this situation without seeing a severe economic crash. It's just a matter of if they will continue to put the economy on life support for an even bigger fall, or just let it happen whenever it comes.