Nomura: Fear is keeping housing demand pent-up

Potential homebuyers disqualify themselves

June 25, 2014
Trey Garrison

There are a lot of things wrong in housing hampering the entire industry, and Nomura’s U.S. analysts think they figured out at least one that few other have discovered.

The unimaginative financial pundits blame the weather for the housing industry’s weak tea in 2014.

The money take looks at how housing prices have artificially inflated thanks to nearly 40% investor and cash sales, even as owner occupant homebuying has been, shall we say, suboptimal?

A generational smart take looks at the various reasons that first-time homebuyers – mostly Millennials – aren’t buying and says student debt and meager income is a big factor.

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