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Americans Face A Nightmare Scenario: Record High Home Prices, Record High Rents… And OER Is About To Explode

While the Fed keeps touting the “transitory” nature of runaway inflation, millions of Americans will soon be living under a bridge as both house prices and rents are now rising at a record pace (at least until cities start charging a “bridge habitation” tax).

Earlier today we reported that the latest Case Shiller data showed that home prices across the country had soared at the fastest pace on history, surpassing even the epic surge from the housing bubble, after rising at a record 19.1%.

2 thoughts on “Americans Face A Nightmare Scenario: Record High Home Prices, Record High Rents… And OER Is About To Explode”

  1. Wait a darn minute – we left Afghanistan.

    I thought everyone was well again – ohhhhhh the script changed. Darn it – so hard to keep up with all the TV shows!

    Sheesh

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