Even today, economists estimate the supply of housing stock is still some 5 million units behind the demand, and the "catch-up" isn't expected until the mid-2020's or later.It mostly supply-and-demand. 

As an economist/risk professional in the banking space, I feel that I have decent insight into the industry. 

This could change with the apartment boom, but most of the economists I've seen have been saying the apartment boom is still trying to catch up to the lack of development from 07 to 11.

Detroit's population today is only half of what it once was, and its most productive people have been the ones who fled.[21] [Note: In Origins of the Urban Crisis, Thomas Sugrue states that over 20% of Detroit's adult black population in the 1950s and 1960s was out of work, along with 30% of black youth between eighteen and twenty-four] [25]Economist Edward L.

I'm not an economist....but suspect it is a function of supply of units to rent vs. demand.  

I'm no economist, but if prices keep climbing, you stand to gain the most staying put. 

.- Named the best place to live in the world by The Economist based on 6 of its indexes. - #8 in safetyand the list goes on… ; )

How many economists do you know that have ever run a business?

I listened to an economist at a convention a couple of months ago that was asked about investing in precious metals.

It's the lens I'm familiar with, being that I'm not an economist and do not pretend to be. :)"It sounds like you're in residential lending so you know very few banks will keep long term fixed rate debt on their books.