Tuesday, May 19, 2009

US housing starts - no recovery here

If US housing starts had fallen any further, they would have hit zero.

Some people might see signs of a recovery, in the sense that starts have stopped falling. I don't buy it.

2 comments:

  1. There are too many houses, why build more?

    Surely this is sensible.

    ReplyDelete
  2. Anon 15:33

    I couldn't agree more.

    Alice

    ReplyDelete