Housing: it's Godzilla vs. Mothra!

 - by New Deal democrat

LADIES AND GENTLEMEN!

In this corner, I give you Godzilla -- the large generational tailwind of Millennials entering the market!

And in this other corner, I give you Mothra -- increasing interest rates that have now broken a 30 year trendline together with price increases of over 5% a year!

Pull up a chair (at a vary safe distance), because we don't know yet who is going to win -- but you don't want to get caught in between them.

This post, with monstrous graphs, is up at XE.com.