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With this trend we could see 7.5 months of on sale inventory in 2014
So... in this thread, you predicted 7.5 months of inventory in 2014. How did that turn out?
Also, at least at this time, you seemed to know that high inventory would be bad for prices, but now you claim something different, that today's low inventory doesn't matter.
seriously, you are an empty suit. Look good, know nothing!
that today's low inventory
Today's under 6 month inventory gives legs to pricing
But the context of the discussion was ..... People have used the low inventory to say that is why housing demand has been held back in this cycle.
My thesis is very simple
We have
Higher inventory
Lower rates
Higher Wages
Long expansion growth cycle
Still... demand is much less now than in housing ....
Come on you're better than this....give me something more juicy
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http://loganmohtashami.com/2013/07/18/housings-sideline-buyer-the-new-bigfoot/?source=Patrick.net
#housing