The Fed doesn't need to worry about the hot housing market right now, Jim Cramer says

64
4
Favorite

The Fed doesn't need to worry about the hot housing market right now, Jim Cramer says

CNBC2021-06-24

The Federal Reserve doesn't need to try to cool down the hot U.S. housing market with higher rates, even as home prices keep rising, CNBC's Jim Cramer said Wednesday. "I don't want to repeat the ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（4）

sjcy
·2021-06-24
The problem when u spread too much fud is that nobody knows when to believe u anymore so they just simply don't.
Reply
2
Report
Fold Replies
- skyel:
  Agree
  2021-06-24
  Reply
  Report
Kaixiang
·2021-06-24
Too much liquidity in the market
Reply
2
Report
Fold Replies
- ChowCCJ:
  Does have a positive impact on assets isn’t it?
  2021-06-24
  Reply
  Report
1Man2Stonks
·2021-06-24
Omg fed
Reply
1
Report
Claireeeee
·2021-06-24
Yes
Reply
2
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1167125957?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-24 07:30","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1167125957","market":"us","top_or_hot":-1,"title":"The Fed doesn't need to worry about the hot housing market right now, Jim Cramer says","media":"CNBC","content":"<div>\n<p>The Federal Reserve doesn't need to try to cool down the hot U.S. housing market with higher rates, even as home prices keep rising, CNBC's Jim Cramer said Wednesday.\n\"I don't want to repeat the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/jim-cramer-fed-rate-hike-wont-fix-supply-issues-in-housing-market.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed doesn't need to worry about the hot housing market right now, Jim Cramer says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed doesn't need to worry about the hot housing market right now, Jim Cramer says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 07:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/23/jim-cramer-fed-rate-hike-wont-fix-supply-issues-in-housing-market.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve doesn't need to try to cool down the hot U.S. housing market with higher rates, even as home prices keep rising, CNBC's Jim Cramer said Wednesday.\n\"I don't want to repeat the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/jim-cramer-fed-rate-hike-wont-fix-supply-issues-in-housing-market.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HD","symbol_name":"家得宝","start_time":0,"source_url":"https://www.cnbc.com/2021/06/23/jim-cramer-fed-rate-hike-wont-fix-supply-issues-in-housing-market.html","article_id":"1167125957","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/06/23/jim-cramer-fed-rate-hike-wont-fix-supply-issues-in-housing-market.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1167125957","pubTimestamp":1624491048,"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"The Federal Reserve doesn't need to try to cool down the hot U.S. housing market with higher rates, ","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"HD":"家得宝"},"translate_title":"Jim Cramer说，美联储现在不需要担心火热的房地产市场","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HD":0.9},"content_text":"The Federal Reserve doesn't need to try to cool down the hot U.S. housing market with higher rates, even as home prices keep rising, CNBC's Jim Cramer said Wednesday.\n\"I don't want to repeat the mistakes that led to the financial crisis,\" the \"Mad Money\" host said. \"Unlike the lead-up to the great recession, homebuyers are actually solvent right now with excellent credit and strong stock portfolios.\"\nIn the lead-up to the financial crisis, regulators failed to enforce lending standards as buyers became overleveraged on their purchases, Cramer said. The Fed then stepped in to cool down the market by jacking up the federal funds rate more than a dozen times.\nBut Cramer pointed out that lending standards are more stringent now, and low mortgage rates coupled with pandemic lockdowns spurred a frenzy in homebuying. Millennials have emerged as the largest cohort of buyers on the market after years of delaying homeownership for various reasons — including the impact of the 2008 financial crisis — he added.\nCramer also noted that the real estate market — known for being cyclical in nature — has turned into a secular growth story amid low borrowing rates, sparse inventory and pent-up demand from millennial buyers.\n\"The Fed can try to slam the brakes on the economy by raising interest rates, but millennials have been stuck living in their parents' basements for years,\" he said. \"After a decade getting over the financial crisis, they've finally got the capital to buy their own homes.\"\nThe median selling price of a home in the U.S. for the first time rose above $350,000 in May, up almost 25% from a year ago, according to the National Association of Realtors.\nEconomists have associated the surging costs to purchase a home with the low supply of existing homes on the market. Meanwhile, homebuilders like Toll Brothers think it will take years before supply meets demand.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":121758248,"gmtCreate":1624493463084,"gmtModify":1703838159714,"author":{"id":"3574851563436207","authorId":"3574851563436207","name":"sjcy","avatar":"https://static.tigerbbs.com/487e7915540a102784b62ddbbb7208f1","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574851563436207","authorIdStr":"3574851563436207"},"htmlText":"The problem when u spread too much fud is that nobody knows when to believe u anymore so they just simply don't.","listText":"The problem when u spread too much fud is that nobody knows when to believe u anymore so they just simply don't.","text":"The problem when u spread too much fud is that nobody knows when to believe u anymore so they just simply don't.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/121758248","repostId":1167125957,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4985151,"gmtCreate":1624495164993,"gmtModify":1663229865743,"authorId":3581505866102985,"author":{"id":3581505866102985,"idStr":"3581505866102985","authorId":3581505866102985,"name":"skyel","avatar":"https://static.tigerbbs.com/a4e416c9b1fabad56fbe0e086388d5b0","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":121758248,"type":1,"supId":0,"prevId":0,"content":"<u>Agree</u>","text":"<u>Agree</u>","html":"<u>Agree</u>"}],"langContent":"EN"},{"id":121764586,"gmtCreate":1624492998745,"gmtModify":1703838138489,"author":{"id":"3568714328624189","authorId":"3568714328624189","name":"Kaixiang","avatar":"https://community-static.tradeup.com/news/09c30e8aaa30040558236e89e69bced9","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":3,"crmLevelSwitch":0,"idStr":"3568714328624189","authorIdStr":"3568714328624189"},"htmlText":"Too much liquidity in the market","listText":"Too much liquidity in the market","text":"Too much liquidity in the market","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/121764586","repostId":1167125957,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4984264,"gmtCreate":1624493044244,"gmtModify":1631890543659,"authorId":3575375342391732,"author":{"id":3575375342391732,"idStr":"3575375342391732","authorId":3575375342391732,"name":"ChowCCJ","avatar":"https://static.tigerbbs.com/bc5fafdf3c6b7c87a4217f2f73a89adb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":121764586,"type":1,"supId":0,"prevId":0,"content":"Does have a positive impact on assets isn’t it? ","text":"Does have a positive impact on assets isn’t it? ","html":"Does have a positive impact on assets isn’t it? "}],"langContent":"EN"},{"id":121796240,"gmtCreate":1624491801780,"gmtModify":1703838077297,"author":{"id":"3576990637797737","authorId":"3576990637797737","name":"1Man2Stonks","avatar":"https://static.tigerbbs.com/2c93182b4ac6670e37860fa9cbdfd2d4","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576990637797737","authorIdStr":"3576990637797737"},"htmlText":"Omg fed","listText":"Omg fed","text":"Omg fed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121796240","repostId":1167125957,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":121706702,"gmtCreate":1624491518006,"gmtModify":1703838063379,"author":{"id":"3585969981658298","authorId":"3585969981658298","name":"Claireeeee","avatar":"https://static.tigerbbs.com/8210c79a75f0858c29063909c70e422d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3585969981658298","authorIdStr":"3585969981658298"},"htmlText":"Yes&nbsp;","listText":"Yes&nbsp;","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121706702","repostId":1167125957,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":64,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}