, Columnist
Hot Property Markets Are a Real Inflation Risk
Don’t call it a bubble yet, but the surge in U.S. housing prices could create problems if it carries on much longer.
It’s not a bubble yet.
Photographer: Justin Sullivan/Getty Images
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As I’ve grown older, I’ve learned to keep my temper in public. I’ve also managed to control the bad habit when younger of ridiculing people when I thought they were being stupid. There are advantages to growing up.