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https://www.businessinsider.com/us-unde ... ade-2020-9

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Housing in the US has not been able to keep up with buyer demand over the past decade
Madison Hoff Sep 27, 2020, 7:20 AM CDT

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construction workers building home

David J. Phillip/AP
New US housing construction has shown strength amid the pandemic.
July housing starts saw a third-straight month of gains and was the largest jump since 2016 before starts declined in August because of a drop in construction for multi-family units.
However, starts for single-family units are still low relative to years before the Great Recession and the housing bubble.
Business Insider decided to take a closer look at whether the US has been building enough homes to keep up with demand.
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Amid the pandemic, housing has been one area of the economy that has been doing relatively well as reflected by a rise in both builder confidence and housing starts.

But housing construction has lagged demand in the years since the Great Recession, with single-family housing starts in particular declining in the last decade despite a continuously growing population.

Home construction and sales have quickly rebounded after being slammed by the economic turmoil caused by the pandemic in the spring. New privately-owned housing starts rose for three-straight months before declining by 5.1% in August from July's revised figure of 1.492 million.

A large monthly decline in starts for multi-family units, like apartments, contributed to the overall decline. Single-family starts also rose by 4.1% in August to 1.021 million, the highest rate since February's figure of 1.034 million as reported by The Wall Street Journal. US existing home sales also jumped by 24.7% in July for a second-straight record month.

Bidencrimefamily » 20 Jan 2024, 10:54 am » wrote: ↑

20 Jan 2024, 10:54 am

https://www.businessinsider.com/us-unde ... ade-2020-9

Ummmm, perhaps because of the Obama-Biden Depression.  When Democrats Suck, nothing gets done.
 

Skans » 20 Jan 2024, 10:56 am » wrote: ↑

20 Jan 2024, 10:56 am

Ummmm, perhaps because of the Obama-Biden Depression.  When Democrats Suck, nothing gets done.

You mean the Bush housing crisis? In 2007. 
 

Bidencrimefamily » 20 Jan 2024, 10:58 am » wrote: ↑

20 Jan 2024, 10:58 am

You mean the Bush housing crisis? Iin 2007.

No, I mean the Obama-Biden Depression of 2009-2016.  Lots of houses got built when Bush was in office.  There was no shortage of houses then.  Only when Biden-Obama F-ed things up.  And, Biden just keeps F-ing things up. 
 
 

Skans » 20 Jan 2024, 10:56 am » wrote: ↑

20 Jan 2024, 10:56 am

Ummmm, perhaps because of the Obama-Biden Depression.  When Democrats Suck, nothing gets done.

That's more sterno fueled crap, Skans..

Skans » 20 Jan 2024, 10:58 am » wrote: ↑

20 Jan 2024, 10:58 am

No, I mean the Obama-Biden Depression of 2009-2016.  Lots of houses got built when Bush was in office.  There was no shortage of houses then.  Only when Biden-Obama F-ed things up.  And, Biden just keeps F-ing things up.

That's a bunch of crap, Skans..

Bush had the housing crisis after 8 years under Bush deregulation.

R.Suave » 20 Jan 2024, 11:04 am » wrote: ↑

20 Jan 2024, 11:04 am

That's a bunch of crap, Skans..

It's not crap.  It is 100% true.  Lots of houses got built under Bush.  There was no housing shortage and houses were very affordable.  Under Obama-Biden, very few houses got built.  Under Biden, house prices are sky-high, not coming down and on top of that, interest rates are also sky high.

You suck, Democrat.  That's just the facts!
 

Skans » 20 Jan 2024, 11:08 am » wrote: ↑

20 Jan 2024, 11:08 am

It's not crap.  It is 100% true.  Lots of houses got built under Bush.  There was no housing shortage and houses were very affordable.  Under Obama-Biden, very few houses got built.  Under Biden, house prices are sky-high, not coming down and on top of that, interest rates are also sky high.

You suck, Democrat.  That's just the facts!

That is crap. The Bush administration. Had the housing crisis. 
 

Bidencrimefamily » 20 Jan 2024, 11:13 am » wrote: ↑

20 Jan 2024, 11:13 am

That is crap. The Bush administration. Had the housing crisis.

People could easily buy houses when Bush was President.  Then, came the Obama-Biden Depression.  Things turned around when Trump was in office - houses became available again.  Now, its next to impossible for anyone to buy a house unless they are paying cash..........AND
THE OTHER SHOE
IS ABOUT TO DROP!!!Foreclosures and Bankruptcies are shooting up sky-high because people can't afford their homes at these nose-bleed interest rates.
I'M JOE BIDEN, SURE YOU CAN BORROW!

free housing. gather free pallets. lay pallets on the ground. cover with free used carpet, in good condition. build walls with free pallets. hold together will free plastic twine. cover outside with free used plastic sheets. build roof with free pallets. cover with free used plastic sheets. and you have a nice dwelling. as you find buildings being demolished. get free material to modernized your home. during your life, your free home will save way over a million in interest cost and sales parasite commissions.

in central asia you can buy double and triple walled tents with floors, windows and doors. up to 52 feet in diameter. very affordable. order one. rent someones backyard. pitch your tent. use electric extension cord. poop in 5 gal bucket, when full, drop the plastic liner in front of government building. stop doing what the government followers do. be your own person.

R.Suave » 20 Jan 2024, 11:03 am » wrote: ↑

20 Jan 2024, 11:03 am

That's more sterno fueled crap, Skans..

Yet, Veghead can't refute it. In veghead's mind , if he said it's crap, then that is the evidence.   

 

Vegas » 20 Jan 2024, 1:34 pm » wrote: ↑

20 Jan 2024, 1:34 pm

Yet, Veghead can't refute it. In veghead's mind , if he said it's crap, then that is the evidence. 

Lol. No stupid ***. Here, let me narrow it down for you. Whatever your stupid liberal sources say ie...CNN, MSNBC, and your brainless legtwing blogs you love, if you take the complete opposite of what they tell you to think, then you will find the truth about Trump.

Skans » 20 Jan 2024, 11:08 am » wrote: ↑

20 Jan 2024, 11:08 am

It's not crap.  It is 100% true.  Lots of houses got built under Bush.  There was no housing shortage and houses were very affordable.  Under Obama-Biden, very few houses got built.  Under Biden, house prices are sky-high, not coming down and on top of that, interest rates are also sky high.

You suck, Democrat.  That's just the facts!

now **** off

BidenClownPosse » 20 Jan 2024, 10:54 am » wrote: ↑

20 Jan 2024, 10:54 am

https://www.businessinsider.com/us-unde ... ade-2020-9

https://www.nar.realtor/magazine/real-e ... nt-in-us16 Million Homes Vacant in U.S.March 2, 2022
Residential Real Estate
Yeah there's been a massive conspiracy by those who make a living as property developers all across the USA   to "under build" housing.  
In the meantime 1000s of unoccupied NEW HOMES have needed to be demolished.


 
 

R.Suave » 20 Jan 2024, 2:50 pm » wrote: ↑

20 Jan 2024, 2:50 pm

now **** off

This trend is in response to millions of Americans who might never qualify for a single family home. Countless apartment houses are being built where single family homes on acreage once stood. Obama / Soros's "Dream of a New America" is unfolding right before our eyes
 

GHETTOBLASTER » 20 Jan 2024, 3:05 pm » wrote: ↑

20 Jan 2024, 3:05 pm

This trend is in response to millions of Americans who might never qualify for a single family home. Countless apartment houses are being built where single family homes on acreage once stood. Obama / Soros's "Dream of a New America" is unfolding right before our eyes

You're an idiot.

 

R.Suave » 20 Jan 2024, 3:07 pm » wrote: ↑

20 Jan 2024, 3:07 pm

You're an idiot.

I just curb stomped the **** out ya and you are calling someone else an idiot?  You make STOOPID comments like the lack of income disqualifies you from getting a mortgage and then claim you won some point I never made.