Housing And Rent Prices Soared To The Highest Level In 30 Years: Prepare Your Self For Housing Crash

The housing market boom has officially hit the insanity stage. Fierce bidding wars, all-cash offers, homes selling for over $1 million over the asking price are now becoming common events. But the latest increase in home prices is showing the disastrous extent of the housing crisis. Of course, this uncontrolled euphoria isn’t happening by accident - it’s a direct result of our current monetary policies. Even though home prices keep rising at the fastest pace ever recorded, the Federal Reserve continues to allegedly “boost“ the housing market by purchasing $40 billion of mortgage bonds each month. And while the Fed has finally started to signal it could remove some of its financial support sooner than expected, several experts have been warning that the US central bank is only expanding the magnitude of the housing bubble while it deliberates. That’s because the Fed’s emergency measures are artificially suppressing mortgage rates and further inflating prices that are already way too high in many markets. In o