Viable Opposition: The Real State of America's Residential Housing Market

Viable Opposition: The Real State of America's Residential Housing Market

 When we read or hear about the improvements U.S. housing market from the mainstream media, particularly when current data is being compared to the data from the depths of the Great Recession, we need to look at the data over the long-term.  When we see that the housing market is now at levels last seen in the 1970s, 1980s and 1990s when the population of the United States was far lower than it is now, we get an accurate perspective of the ongoing housing market crisis, particularly when we keep in mind the historically unprecedented monetary policy actions of the Federal Reserve.