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USA is extremely behind on housing raw numbers by about 20 million homes based on population growth. We stopped building in 2008. Almost no homes were built tha
by hparadiz 3y ago
USA is extremely behind on housing raw numbers by about 20 million homes based on population growth. We stopped building in 2008. Almost no homes were built that year. It took 10 years to ramp back up.
Just in the past 2-3 years started to build as many homes as we need but the rate will take 15-20 years to catch up assuming it stays at the current rate.
Basically if you're 40 now you will be 60 by the time it's okay again and that's if we even keep the current build rate for that long.