Housing is not in a 2007 bubble

lego house

Here is an article that we consider to be accurate regarding the US Housing market here in mid-2022:

We tend to agree with the premise. The money supply is out of control. Wasting/printing six trillion dollars to fight COVID was ridiculous. Dispense of what you thought things “should cost.” Housing and gas are in line with the money supply—other items are catching up. Let’s hope that salaries and compensation catch up eventually.