The rally of the housing market seems to have lost some of its momentum in recent months: The growth in housing prices have slowed down, and leading home-builders’ stock have sharply declined in the past several months: Shares of D.R. Horton…
The ongoing recovery of the housing market raised the concern that we are heading towards another bubble that could burst in the near future. In a recent article in the New York Times, the authors made the argument that big…