“Keep in mind that it is a Bernanke manipulated climb in prices. The capital goods sector (including housing) get the money first, but then it works its way to the consumer sector. Translation: As long as Bernanke continues to print aggressively, housing prices will continue to climb, eventually translating into higher prices for everyday consumer goods. 2013 is likely to be a very bad year for the economy—with tax hikes on top of it.”
http://www.economicpolicyjournal.com/2012/10/sales-prices-on-existing-family-homes.html
