Tuesday, May 19, 2015

Revelation Awaits The Age of Atrophy

U.S. Housing Starts going back to the 1950s, in thousands

U.S. housing starts divided by U.S. population:
Today's six-year-old "recovery" is below the lowest level from every other recession !!!

The real story: 
Housing starts up 2.8% since 2013 i.e. housing starts tanked this past January, making April's catch-up "surge" seem huge:

Millions of homeowners are still underwater from 2007
U.S. Home Price Index since Y2K:

Bonus Chart: 
Those Third World imports just keep surging in:
Forward U.S. Deflation Expectations via RINF ETF:

It's only about spinning the bullshit for the old age home