US housing inventory low

According to this article, on the blog doctorhousingbubble.com, the US housing market appears to be experiencing low inventory, and in some areas historically high prices.  I like the phrase he uses, it's one I use to describe similar moves in Hobart real estate, I understand it to be a peculiarly American term, "Keep on drinking the Kool-Aid".

http://www.doctorhousingbubble.com/housing-inventory-near-record-lows-bay-area-oakland-flips-real-estate/#more-8801

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