The media are cheering the recent rise in home prices, insinuating that it's a sign the economy is improving. Those of us who actually look behind the numbers know better: it's a function of investors throwing cheap, low-risk, Fed-provided dollars at the housing market, just like they did in the mid 2000s. And it will eventually lead to another economic calamity.

ECOMINOES: The New Housing Bubble Visualized: Investment Dollars



The media are cheering the recent rise in home prices, insinuating that it's a sign the economy is improving. Those of us who actually look behind the numbers know better: it's a function of investors throwing cheap, low-risk, Fed-provided dollars at the housing market, just like they did in the mid...



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