Homeownership has plummeted in recent years – a decline apparent across nearly all demographic groups. But one group has bucked the trend
“Housing is not repeating the bubble period of 2000-2006,” says S&P director
Despite the delicacy of it all, it’s hard to ignore the sound of a bubble bursting. With the remaining dam holding back a recession thoroughly broken in 2008, the myriad economic factors waiting to sink the housing market burst through and turned the economy into a much bleaker place for real estate investors. This sort of rising tide, it seems, puts us all underwater equally.