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David Song
  • Real Estate Broker
  • Redwood City, CA
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3 trillion dollar printed in 2020 so far - effect on house price

David Song
  • Real Estate Broker
  • Redwood City, CA
Posted Jun 18 2020, 23:03

Just checked the total US money in circulation M2, increased from 15.5 trillion end of 2019 to about 18.4 trillion, roughly 20% in the first 5 month of 2020.

Theoretically and historically, M2 is directly correlated with real estate price.

Would there be another dramatic jump in housing price in the next few years?

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