14 lines
858 B
JSON
14 lines
858 B
JSON
{
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"HubID": "5354",
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"Date": "7/26/2025",
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"HubTags": [
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"External Platform Posts",
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"Future Map"
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],
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"Contacts": "",
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"Companies": "",
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"File": "",
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"Image": "5354__Image_URL.jpg",
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"Summary": "<p>For comparison, relative to GDP, housing equity was ~3.3× GDP in 2006 and remains similar or higher today, with $34 T versus ~$13 T. Relative to wealth, its share in household net worth was about 20% in 2006 and is now roughly 50%. Equity as a % of GDP was 91% in 2006 and 115% today. The long-run average is 70%. Quite a bubble we are in, which could go far higher for far longer than anyone thinks possible. Based on probable forthcoming growth engines for the U.S. and continued poor monetary and fiscal policy, I could see this continuing into the 2030's and wealth inequality blowing out more. <span></span></p>",
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"Notes": ""
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} |