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Fed official warns about another housing collapse

http://www.businessinsider.com/commercial-residential-real-estate-risk-financial-stability-2017-3 By Wolf Richter, Wolf Street The Fed caused it, but it won’t do much to contain it. Last year, Boston Fed President Eric Rosengren — considered a “dove” on the Fed’s policy-setting committee — started warning about the commercial real-estate bubble in the US and what its demise could do to banks. But in […]

via Housing Bubble II: A Fed official warns that another real estate bubble could collapse financial stability — Livinglies’s Weblog

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