Is it Better to be Bullish or Bearish on Housing?

An article on MarketWatch says, “Almost five full years into the housing downturn, it’s still cool to be bearish on real estate. But cool isn’t always right.”

The article gives 10 Reasons to be Bullish on Housing:

1. Jobs
2. Jobs
3. Pent-up demand among young adults
4. Foreclosures
5. Inflation
6. Higher rents and low interest rates
7. A booming apartment market
8. Investor appetite remains strong
9. The stock market
10. Confidence

Also, a good reminder, “Confidence in the present builds confidence in the future.”

I’m curious to see what you think and why?