[quote=outtamojo]I never could understand this fascination with underwater owners as potential sellers without at the same time attempting to quantify potential buyers who held back/ or are still holding back buying to avoid bubble prices.Seems like they came out to be somewhat of a wash, no?
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Agreed, pent-up demand is also very important.
I don;t know if it’s a wash.
My gut tells me that there is probably way more pent-up demand than pent-up inventory.
One (albeit somewhat weak and indirect) way to get a read on potential demand is by looking at household formation.
