Little Boxes. I can remember my school teacher singing this song to the class in the early 1970’s (I am gen X). It seems that the millennial’s, of which the oldest are 36, are now finding their feet and starting to produce a tailwind in the housing market. I have been reading some very interesting articles about it. It seems that there wont be such a hard landing for the housing sector after all if you can believe some of the current trend forecasts. Lets see. It will be very interesting.
“Little boxes on the hillside
Little boxes made of ticky tacky
Little boxes all the same
There’s a green one and a pink one
And a blue one and a yellow one
And they’re all made out of ticky tacky
And they all look just the same.”
XHB weekly. I never would have expected this kind of growth in homebuilders into the end of this year but there it is. This will be very interesting to see in 2018.