LogFAQs > #979613754

divot1338 posted...

Yes but your argument is that somehow there has been an underlying change to the economy that prevents it from ever returning to normal.

And no one anywhere has pointed to anything that would lead us to believe that is the case.

I don't really know what I think will happen. I think my overall point was just that the middle class is actually quite big if your main definition is home ownership, and that I think we underestimate just how many people actually have relatively low housing costs. The increase in housing has impacted renters and new homeowners the most.