U.S. Housing Starts hit highest monthly level since housing crisis

U.S. Housing Starts hit highest monthly level since housing crisis

The U.S. government reported that housing starts in December ran at a 1.61 million seasonally adjusted annual rate. This was 17% higher than November and the highest level since the 2007-08 housing crisis. The level was attributed to low mortgage rates, a strong underlying market and relatively warm weather. Housing permits, an indicator of future construction declined 4% to 1.44 million.

Skeptic
Skeptic
Occam’s lazer
Occam’s lazer 5 months

This isn’t the greatest thing in the world actually, idiots signing a 600k mortgage on a 350k house is what cause the crash again...let’s not do the same thing again

Tsila Noitan (Backer)
Tsila Noitan (Backer) 5 months

great bloomberg link

Tsila Noitan (Backer)
Tsila Noitan (Backer) 5 months

more habitats destroyed

James Smith
James Smith 5 months

seems like a mixed bag, but I know there is a shortage of housing in my area

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