Richmond Fed president Tom Barkin says 'NIMBYism is real' and housing 'increasingly unattainable for too many workers'

Richmond Fed president Tom Barkin says ‘NIMBYism is real’ and housing ‘increasingly unattainable for too many workers’ – Canada Boosts

The math isn’t mathing. Hopeful homebuyers earnings simply aren’t including as much as the price of housing—leaving individuals determined to interrupt into the market. You don’t count on to listen to that from a central banker, although. Cue Tom Barkin, president of the Federal Reserve Financial institution of Richmond, who gave a speech on Wednesday…

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