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by enjo
2669 days ago
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You can see it in the data: https://fred.stlouisfed.org/series/HOUST We're in a market in which housing prices have been soaring for a very long time, but for most of this we've been building less housing than even the 90's (and starts have actually FALLEN recently). There's something broken in the market. Material costs are part of it, but government regulation is certainly part of it as well. |
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