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These Are The Best And Worst U.S. Cities To Own A House

Earlier today, in its latest update looking at March home prices, Case Shiller pointed out that “home prices continue to appreciate across the country”, at just over 5%, a pace that has held since early 2015.

Actually that is an understatement: in 16 of 20 of the tracked metro areas, the pace of home appreciation over the past year was 5% or higher, or equivalent to more than twice the pace of core inflation. And with rents continuing to soar across the country, in many cases at a double digit clip, not to mention exploding healthcare costs, one wonders just what the BLS “measures” with its monthly CPI update. …

This post is from zerohedge.com/fullrss2.xml/%20http%3A/To%20follow%20Norways%.. Click here to read the full text

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