2015-05-25alhambrapartners.com

``Even in the stunted "recovery" in single-family housing it is still clear that there was a sharp deviation from the 2011-12 mini-bubble right around the middle of 2013 (taper selloff). For housing to be anything like an economic force again, not only would that growth rate need to return to the mini-bubble pace but remain at blistering acceleration for probably four or five years without interruption.''



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