Stability. That’s what we should be targeting.
Noun:
The state of being stable.Synonyms:
constancy – steadiness – firmness – fixity – permanence
“Recovery” is the wrong term for what the housing market/economy needs. What the housing market was is likely to never exist or happen again.
Noun:
1. A return to a normal state of health, mind, or strength: “signs of recovery in the housing market”.
2. The action or process of regaining possession or control of something stolen or lost: “the recovery of his sight”.Synonyms:
recuperation – convalescence
This is more than semantics. We need to define what is needed because “recovery” isn’t going to happen.
Everything has changed.
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