@davealevine but at the end of the day the wage structure is different. 50k starting teacher salary can't compete w tech money for housing
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@kimmaicutler wrt post 2008, simple: the Fed believed it had to stem the decline in housing and increase prices again to save the economy. -
@kimmaicutler that part worked. That's why the economy is "doing well". Of course they wanted to increase other asset prices too, and did. - 4 more replies
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