Breaking Down the Limits of the Wealth Effect in Today’s Housing Market - EP 12
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Manage episode 292432730 series 2908116
In this episode of the REconomy podcast from First American, Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi unpack the ‘wealth effect’ economic theory and explain why, despite soaring house prices, the wealth effect’s influence on the housing market may be limited.
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