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> There are 1.5 million housing units under construction, which is an all-time record. No, it isn't. Back in the early 1970s, the US was averaging about 2.4 mi
by seoaeu 5y ago
> There are 1.5 million housing units under construction, which is an all-time record.
No, it isn't. Back in the early 1970s, the US was averaging about 2.4 million housing units started per year [0]. And at the time US population was only about 210 million, compared to 330 million today...
[0]: https://fred.stlouisfed.org/series/HOUST https://fred.stlouisfed.org/series/HOUST