Why a Booming Job Market Hasn't Led to a Booming Housing Market
This is a very good article on why the housing market is not booming. Credit is certainly not as easy as it was back in 2005-2006 when just about anyone who wanted a house could get one. Now, you have to jump through hoops to get a house because the banks have much greater qualifications. Also, as the article mentioned, the younger generation is in no hurry to get married, and they need to make more money to be able to buy a house. So, be careful if you decide to take chances on housing stocks because your money might be dead for a while or worse.
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