So, the US has a uniquely substantial drag around its younger population that will make large portions of its younger population unable to buy homes for a long time to come. Forget any serious "recovery" of housing prices anywhere in the US anytime soon.Read it at Econospeak
Will The Student Debt Burden Depress The US Housing Market For The Foreseeable Future?
by Barkley Rosser
(h/t Mark Thoma)
(h/t Mark Thoma)
Barkley Rosser agrees with what Dr. Housing Bubble has been saying for some time.
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