4 ms·

I heard the same thing in the last housing bubble before 2008

• jeffbee 4y ago
  Really? It was obviously not true back then and is obviously true now. Housing starts hit nearly an all-time record high in the U.S. in January 2006. But then housing starts almost hit zero in 2009, and have never recovered.
  • kgwgk 4y ago
    > housing starts almost hit zero in 2009, and have never recovered ‘Have never recovered’ can be misunderstood as if they were still ‘almost zero’ (which is also a bit of an exageration).
  • pas 4y ago
    https://fullstackeconomics.com/the-2000s-housing-bubble-was-greatly-exaggerated/ https://fullstackeconomics.com/the-2000s-housing-bubble-was-...