but I thought I just heard last month housing starts were predicted to be at the highest level since 1985...
I remember hearing/seeing the story a few times, because I am a tradesman who has several friends who are bankers and we talk about this stuff regularly, and I almost fell out of my chair. I guess “predicted” as always was the disclaimer.
There are more houses being demo’d in my area than are going up, I guarantee you that.
The longest lasting legacy of the Obama Administration will be the fact that financial numbers coming out of the Federal Government will have ZERO credibility going forward.