We’ve written several times over the last few months about the housing market finally being, if not fully, than at least very nearly fully recovered. Of course, that’s good for the housing market. But Bloomberg wrote yesterday about The End of The Housing Hangover. The phrasing is both important and pretty good. Because in many ways, the effects of the extended recovery have served as a sort of hangover, enervating the economy as a whole. Maybe now, it can only finally start looking up.
