Why Housing Hasn't Fully Recovered Yet

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Dec. 11 (Bloomberg) -- On today's "Chart Attack," Merrill Lynch's Michelle Meyer and Bloomberg's Adam Johnson take a look at the U.S. housing market. They speak on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Time for chart attack, where we have a couple of charts that will make you smarter.

People are getting married, but moving in with their folks.

What does it mean for the housing market?

The key factor holding back construction, we have only seen household formation of perhaps 500,000. we don't have the final numbers yet.

It is down from last year, significant lee low.

As we look at the data, aside from last year, it has even been sloping down ever since.

The question becomes, why is this happening?

Why are people moving in with their?

-- with their folks?

If you look at the employment population ratio, it has come back down.

It started to recover into last year and the beginning of this year it interior eight.

Job opportunities are not robust . if you're are not confident about your income today, the key factor is that these households are not lost.

I think they will ultimately come back.

Right now, it has been a very

This text has been automatically generated. It may not be 100% accurate.


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