over the weekend
Jun. 24th, 2013 10:13 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
solarbirdI mentioned this on Twitter over the weekend:
All else equal, housing affordability - and therefore implicit prices based on current loan affordability - just fell, oh, around 4%. In a weekend. And 10% since May 1st. Meanwhile, Bernanke's unwind (excuse me, taper) hasn't even begin - this is all anticipation and fallout from China's tightening.
Tripledip, anyone? Captain Credit Crunch is on the bridge...
Source: Marketwatch
All else equal, housing affordability - and therefore implicit prices based on current loan affordability - just fell, oh, around 4%. In a weekend. And 10% since May 1st. Meanwhile, Bernanke's unwind (excuse me, taper) hasn't even begin - this is all anticipation and fallout from China's tightening.
Tripledip, anyone? Captain Credit Crunch is on the bridge...
