Twin Cities Shadow Inventory Estimated at 42%

Amherst Securities recently published some analysis of the shadow inventory that lurks out there in the marketplace.

Macroblog has some insights on the state of housing and how it relates to CPI (Consumer Price Index).  One of the things worth nothing is the continual and precipitous decline in rents.   The article has an excellent graph showing the CPI as well as the trend in rents which apparently makes up the largest component of the CPI.

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