Housing market seemingly in ‘free fall’ - BitcoinEthereumNews.com
EkonomiHousing market seemingly in ‘free fall’07 / 21 / 2022Berita Bitcoin Ethereum Since the start of the pandemic, one of the strongest sectors of the U.S. economy was the housing market. However, like most other sectors, housing is now showing signs of slowing and is increasingly worrying those looking to berinvestasi di real estat. Namely, housing starts decreased in June for the third month in a row as the markets seemingly cooled, possibly a reaction to everything that has been happening in the markets. The lingering chance of a recession, increased rates, and anouncements by the Federal Reserve (Fed) of more hikes have caused both buyers and builders to pause. Investors reminiscent of the great housing crash in 2008 and the failure of mortgage-backed securities (MBS); thus, may be looking to pendek the market. Michael Burry, who has foreseen the initial housing crash has allegedly tweeted that the housing market is in ‘free fall’ and that investors can short the market. One of the ways to short the U.S. housing markets is through inverse exchange-traded funds (inverse ETF), which in essence provide short exposure to the securities tracked by the Dow Jones U.S. Real Estate Index or the MSCI US IMI Real Estate Index. ProShares