The President of the Federal Reserve Bank of Kansas City, Esther Georgesaid Tuesday that changes in housing and office patterns in the wake of the pandemic could create stress in real estate markets, as reported by Reuters.
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“Until now, federal programs have kept tensions on housing financing contained, but that could change as pandemic aid expires.”
“The single family home is booming and it looks like it will remain strong for some time to come. “
“The Long-term risks involve increased teleworking and population reorganization outside city centers“.
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