- Miller Samuel Real Estate Appraisers & Consultants - https://millersamuel.com -

Repeat After Me: Solid Foundation, Strong Fundamentals

It seems that whenever pundits, experts or commentators are asked about whether there is a housing bubble, the answer is given short shrift and invariably contains one of two phrases:

The housing market has a solid foundation

[RISMedia] [1]
[The Real Deal] [2]
[Newswire] [3]
[Vermont Guardian] [4]
cynderblocks1 [5]

The housing market has a stong fundamentals

[Bloomberg] [6]
[Originator Times] [7]
[Pittsburgh Tribune-Review] [8]
cynderblocks2 [9]

These or similar phrases are taken at face value, yet little discussion time is spent on what actually constitutes a solid foundation or strong fundamentals for the housing market. Maybe its really not that complicated after all.