In my typical day I read 20+ articles pertaining to the the stock market and investing. Only occasionally posting one here which stands out in my mind but one yesterday at Sober Look caught my eye. It's author begins right off the bat with "The United States is not building enough homes to meet the nation's housing demand." and I almost spit out my tea. Not building enough homes when you compare the aging ones being thrown out versus the new ones being constructed or are we looking at what a consumer can afford to buy? He is clearly in the camp that we should crank out more housing which would cause prices to drop at some point and suddenly "Joe the Plumber" will move out of his apartment an into a new home. I simply don't buy that scenario.
Anyone with even a little information on the market knows that the middle class has been hallowed out (and may continue) and guess what? Those lost jobs, whether lost to technological advances or shipped overseas, are NOT coming back. Perio
