The “We Buy Ugly Houses” company held a virtual meeting for its franchises to outline a plan to “minimize visibility” of our investigation.
History, Taylor writes, is not repeating itself with housing inequality, but cyclically proceeding as an inevitable effect of a racialized system perpetuated by capitalism.
If most homeowners have not hedged themselves against the possibility that home prices, like bond prices, may fall if interest rates rise, we may be in for another round of very bad news if interest rates ever return to more normal levels. It is remarkable that the latest run-up in house prices has received so little attention from people in policy positions. There may be an enormous price to pay for the continued lack of attention to housing bubbles.
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