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U.S. Plunged Into Housing Recession in August, Homebuilders Say
Breitbart ^ | 15Aug | Carney

Posted on 08/15/2022 2:03:21 PM PDT by qaz123

The pandemic housing boom is over. Welcome to the housing recession.

That was the message from the National Association of Home Builders on Monday. The NAHB/Wells Fargo housing market index unexpectedly dropped six points to a reading of 49, below the breakeven point indicating a deteriorating market.

This is the eighth straight monthly decline for the index of homebuilder sentiment. Apart from a brief period at the start of the pandemic, this is the first below 50 reading since 2014.

(Excerpt) Read more at breitbart.com ...


TOPICS: Society
KEYWORDS: bideneffect; bidenflation; bidenomics; builders; economy; housing; recession
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To: frogjerk

“What would happen if a very large section of people fed up with all of the government giveaways and programs threatened to not pay their mortgages and taxes all at the same time?”

Or just vote ...


21 posted on 08/15/2022 3:08:30 PM PDT by TexasGator (ice )
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To: qaz123

Governments are forbidden to build on wetlands or they just make rovisions to buy/protect or restore other wetlands.

States may have laws n their books to prevent private developers from doing so but there’s a out.

We were approached by a business to “help” our erosion on our farms creeks. What they say really did was rechannel small creeks into wet grass ways that looked nothing like creeks. And they get to sell the reclaimation rights to big developers who use it to offset destruction of real wetlands.

It’s all a fracking scam. We said no to them.


22 posted on 08/15/2022 5:16:29 PM PDT by RedMonqey
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