Read my latest Bloomberg View column Income Inequality Hits the Housing Market.
This article turned out to be my most-commented on piece so far. The topic of affordability generates a hotbed of conversation.
Here’s an excerpt…
There’s been plenty of talk recently about signs of recovery in the housing market. Rather than think about housing as a single market, it might be helpful to look at housing as many markets based on everything from geography to price to new versus existing…
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Tags: New Home Sales, U.S. Census
Very in depth discussion. Time will only tell whether the problems with income inequality with get better or worsen to a breaking point. Thanks for sharing.