[Article] Post-Crash Reality: From Houses as Assets to Houses as Utilitarian Goods
Much has changed in America’s housing recently. Yet the most dramatic shift may be the market’s move away from the realm of speculative investment, and back to a place to call home. It’s likely that you (or someone you know) understand this from first-hand experience. No surprise there; EWI has been predicting the shift for over a decade. Now, friend of the Institute Peter Atwater takes a fresh look at these connections. One of the most practical reasons to look at any market through the eyes of its participants is to envision the surprising possibilities for the future.