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Updated over 4 years ago,
What does the new Fed guidance mean for real estate?
Pretty straightforward question-
I’m not an economist, but I know that Jerome Powell said something extremely important today!
My little understanding is that the Fed came out with new guidance that they are going to have a higher tolerance for inflation.
I think that means they will keep rates low, it will be easier to borrow money, and therefore we will have above average inflation.
What does that mean for Real Estate?!?!