3 ms·
There are currently 720k unsold houses in the US alone[0]. How is building 100k more going to help anyone but builders? There are probably other factors in pl
by pietrovismara 5y ago
There are currently 720k unsold houses in the US alone[0]. How is building 100k more going to help anyone but builders?
There are probably other factors in play here rather than simple availability. Perhaps we should stop treating housing as an investiment?
Edit: not sure if I misunderstood your comment to mean that 100k more houses should be built in the US or elsewhere. My point still stands I believe.
- [0]: https://fred.stlouisfed.org/series/ESALEUSQ176N https://fred.stlouisfed.org/series/ESALEUSQ176N