Systemic Poverty, Part 2

By |2014-05-21T15:28:37-04:00May 21st, 2014|Economy, Federal Reserve/Monetary Policy, Markets, Real Estate|

In advance of another rash of housing statistics, one of the main components driving more optimistic expectations is household formation. After being severely depressed by the Great Recession and then the lack of real recovery, at some point population dynamics should begin to drive actual demand for owning shelter. Of course, it seems like a good part of the construction [...]