house prices
Aug
9
2021
In summer 2021 the U.S. housing market saw record-low mortgage rates and strong demand collide with limited inventory, producing rapid price gains and frequent bidding wars. Multiple offers above asking price became common in many metro areas. The cartoon uses the birdhouse and doghouse to illustrate how even the smallest properties drew intense competition from buyers. The editorial position highlights the unsustainable pace of the surge and the pressure it placed on ordinary owners.
Jul
22
2019
