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Wednesday, September 22, 2021 7:16:06 PM
“Annual home price growth was the most that we have ever seen in the 45-year history of the CoreLogic Home Price Index. This price gain has far exceeded income growth and eroded affordability, wrote Frank Nothaft, chief economist for CoreLogic, in his latest market outlook report. “In the coming months this will temper demand and lead to a slowing in price growth.”
https://www.housingwire.com/articles/renter-market-picks-up-in-suburbs/
30 yr frm: The 5th Circuit EnBanc Panel decision gave an excellent analysis of why the US Congress in drafting HERA did NOT grant the FHFA all encompassing sweeping powers under the Incidental Powers provision. BUT their well reasoned legal opinion was ignored by the SCOTUS with zero explanation as to why the EnBanc Panel decision got it wrong.
Talk about letting the tail wag the dog...
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