Is The Fed To Blame For High House Prices? 1
The red hot US housing market has been making a lot of headlines lately, as prices in many states continue to make new highs.
Naturally, the Fed is front and center of the debate, with many criticizing their reluctance to hike interest rates and stop QE as being overly expansionary, to the point of being dangerous.
But, how much does QE actually affect the housing market?