As has been said, if you think the Obama recovery sucked, just wait until the Obama crash hits.
An artificially inflated stock market does not a “recovery” make — the recovery never happened for the average American schmuck. Not while labor force participation rates are at 63-and-change per cent, pretty much record lows for the last 10 years.
Yeah, a lot of institutional buyers and wealthy people have money and are taking advantage of the relative cheapness of real estate, but what’s new?