U.S. Recession Already Six Months Old, Says Fed Model

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U.S. Recession Already Six Months Old, Says Fed Model

cityhantam

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#37

27-07-2022, 10:48 PM

https://www.newsweek.com/us-facing-perfe...st-1728011

The U.S. is facing a "perfect storm" for a housing crisis similar to that of 2008, according to Jose Torres, a senior economist for Interactive Brokers.

Torres made the comment during an interview with Insider, and his analysis comes as concerns over the economy and housing market remain a key issue for millions of Americans. Housing prices increased throughout the first half of 2022, as inflation continues to affect nearly every sector of the economy, but the prices could soon crash, Torres warned.

He predicted that within the next few years, housing prices could drop up to 25 percent, and that they will begin to decline in early 2023, which could see double-digit drops in prices.

Torres said the crisis is largely fueled by a construction boom that lasted throughout 2021 (even though construction has slowed this summer) and a lowering demand for housing. He described the phenomenon as a "misalignment of timing between supply and demand."
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(This post was last modified: 27-07-2022, 10:50 PM by cityhantam.)

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U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 05-07-2022, 12:08 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by Niubee - 05-07-2022, 12:25 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 05-07-2022, 12:29 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by victortan - 05-07-2022, 02:54 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by sgbuffett - 05-07-2022, 04:36 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by RiseofAsia - 05-07-2022, 06:21 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 05-07-2022, 06:21 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by RiseofAsia - 05-07-2022, 06:26 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 05-07-2022, 06:34 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by RiseofAsia - 05-07-2022, 06:52 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by Teeth53 - 08-07-2022, 10:28 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by Teeth53 - 17-07-2022, 11:57 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 05-07-2022, 07:47 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 05-07-2022, 08:07 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by revealer - 05-07-2022, 09:08 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 05-07-2022, 09:12 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by teaserteam - 05-07-2022, 09:17 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by Odessy - 05-07-2022, 09:20 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 05-07-2022, 09:27 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by teaserteam - 05-07-2022, 09:28 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 05-07-2022, 09:34 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 07-07-2022, 10:10 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by grotesqueness - 07-07-2022, 11:40 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by victortan - 10-07-2022, 01:33 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 13-07-2022, 09:33 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by Omnipresent88 - 14-07-2022, 05:28 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 14-07-2022, 05:20 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by kokee - 14-07-2022, 05:27 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by kokee - 17-07-2022, 12:06 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 16-07-2022, 10:39 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by Teeth53 - 17-07-2022, 12:00 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by [[ForeverAlone]] - 17-07-2022, 12:02 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by Omnipresent88 - 17-07-2022, 12:23 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 17-07-2022, 12:25 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by Rubitin - 17-07-2022, 08:14 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 27-07-2022, 07:38 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 27-07-2022, 10:48 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 27-07-2022, 10:53 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by victortan - 28-07-2022, 03:29 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 28-07-2022, 09:37 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 29-07-2022, 12:01 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 29-07-2022, 12:24 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by singlon - 29-07-2022, 12:46 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by singlon - 29-07-2022, 12:55 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by singlon - 29-07-2022, 01:18 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by kokee - 29-07-2022, 10:40 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 29-07-2022, 10:40 AM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 29-07-2022, 05:30 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by kokee - 29-07-2022, 05:33 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by Omnipresent88 - 29-07-2022, 05:34 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 29-07-2022, 06:23 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by teaserteam - 29-07-2022, 07:35 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 29-07-2022, 07:38 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by revealer - 29-07-2022, 09:00 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 29-07-2022, 09:03 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 30-07-2022, 05:43 PM

RE: U.S. Recession Already Six Months Old, Says Fed Model - by cityhantam - 01-08-2022, 09:42 AM

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