Three Years Ago: Housing Doom and Gloom

Three years ago, there were numerous "doom and gloom" stories about housing. I responded with What's Right with Housing? written on May 6, 2014. I wrote: The first mistake these writers make is they are asking the wrong question . Of course housing is lagging the recovery because of the residual effects of the housing bust and financial crisis (this lag was predicted on this blog and elsewhere for years - it should not be a surprise). The correct question is: What's right with housing? And there is plenty. ... Housing is a slow moving market - and the recovery will not be smooth or fast with......(read more)

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