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Barry Ritholtz

Where Are All the Homebuyers?

There are a couple of big reasons the housing-market recovery is still weak. 
One step in the housing chain reaction.  Photographer: Daniel Acker/Bloomberg
One step in the housing chain reaction. Photographer: Daniel Acker/Bloomberg

This week, the New York Times launched The Upshot, combining aspects of the Washington Post's Wonkblog with Nate Silver's 538. Edited by Pulitzer Prize winner and former economics columnist David Leonhardt, we linkedto the inaugural piece "America's Middle Class Is No Longer the World's Richest.''

This morning, I want to direct your attention to another nice Upshot column, this time, by Neil Irwin: "Why the Housing Market Is Still Stalling the Economy.'' I like the column, which tries to explain why the housing market is still soft. It does a nice job of combining history, demographics, current sales data and charts.