Housing Activity Lowest Since World War II
Posted on 21. Jul, 2010 by Aimee Miller in News
Today we read some depressing news about housing activity on the WSJ.com blog – the “lowest level of housing activity since World War II.”
The US economy is creating housing at about 1/3 the rate it was in 2007. Analysts had more optimistic predictions last November but sadly more than 4 years since the boom of residential building in 2006 the industry is only building about 30% of the homes it was building at its peak in 2006.
For property managers this will mean more renters – do you view this as good or bad news?
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Marc Courtenay: Thank you Aimee. That is an excellent article....
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Aimee Miller: Here's an interesting article with even more stats...
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john: The problem is not a lack of inspections, but a la...
