Housing Market “Recovery” is Aiming for the Wrong Thing

Stability. That’s what we should be targeting.


The state of being stable.

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.


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”.

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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1 Comment

  1. C'ville Bubble Blog November 17, 2011 at 11:35

    The companion post: http://tinyurl.com/7jt97g9


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