Buyers’ Strike? Amid Crazy Spiking Prices, Home Sales Sag for 3rd Month
This article was written by Wolf Richter and originally published at Wolf Street This is a world of unprecedented Fed intervention, government stimulus, inflation that has turned red-hot this year amid a weird phenomenon of companies complaining about a labor shortage, while nearly 10 million people are deemed “unemployed” and 16 million people are claiming some sort of unemployment insurance….