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Philip Murray
CNBC Television
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Comments by "Philip Murray" (@PhilipMurray251) on "Builders suddenly struggle to sell new homes" video.
@Robertgriffinne He was speaking to the younger generation who's incomes haven't kept up with inflation and they've FOMOed into the real estate market the last few years buying at any cost. <You have obviously benefited from the easy FED money printing and artificially low rates policies for the last 15 -20 years that has pushed up asset prices. Prior to 2000, housing wasn't as speculative as it is now.< Housing now moves like the stock market. Up 25%, down 25%.
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