"the process of restructuring"?
To: Citizen Zed
Don’t worry. Folks will come along to tell us everything is fine, just fine.
2 posted on
05/04/2015 12:02:45 PM PDT by
SaveFerris
(Be a blessing to a stranger today for some have entertained angels unaware)
To: Citizen Zed
Silly me. I'd think less new housing starts is a good thing. There's still quite a bit of inventory for sale from bankruptcies that are still happening.
It's better for established neighborhoods if those older homes find owners.
4 posted on
05/04/2015 12:08:55 PM PDT by
grania
To: Citizen Zed
is not going to happen due to the bursting of the housing bubble which led to the financial crises The fact that Obama's government spending, debt and regulatory drag have prevented a normal non-housing economic recovery has something to do with it too.
5 posted on
05/04/2015 12:21:28 PM PDT by
Opinionated Blowhard
("When the people find they can vote themselves money, that will herald the end of the republic.")
To: Citizen Zed
Doesn’t this sentence contradict itself: “Meanwhile, millions of homes remain underwater (Black Knight’s most recent estimate says about 4 million homes are worth less than their unpaid mortgages), and home prices are racing higher...”
7 posted on
05/04/2015 12:58:45 PM PDT by
BlueStateRightist
(Government is best which governs least.)
To: Citizen Zed
Residential real estate might come back a few years after all of the debts are repudiated, if the Baby Boomer die-off is mostly done—maybe 15 years or so.
12 posted on
05/04/2015 4:25:47 PM PDT by
familyop
(We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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