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Fed sees next potential asset-price bubble in apartment towers

This may fuel the debate on pace of interest-rate hike in 2017
Saturday, February 4, 2017 - 05:50

Atlanta, Georgia

A DECADE after the US housing market collapsed, Federal Reserve officials are watching rising apartment towers as the next potential asset-price bubble, which could add to the debate about the pace of interest-rate hikes this year.

Fed chief Janet Yellen cited

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