Household Formation Isn't "Pent Up", It's Stretching Its Seams And Getting Comfortable

Robert Frost said that home is the place where, when you have to go there, they have to take you in. Given the ongoing state of the economy, a lot of folks have have opted to go home. Retired parents who's investments have taken a hit have moved in with kids, unemployed young adults have moved in with parents, laid off workers have moved in with siblings, and all sorts of other combinations. According to Lawrence Yun, chief economist for the National Association of Realtors, that means that demand for new housing could skyrocket at any time.