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Thread: Home Construction numbers are worst ever, worse than the Housing Bust

                  
   
  1. #1

    Default Home Construction numbers are worst ever, worse than the Housing Bust

    This month's New Home Construction report showed the worst drop in new home construction ever recorded in the 60 year history of the report with a -30% drop in new home starts ... And the 3rd worst drop in new home permits in that report's 70 year history with a -21% drop in new home permits (only surpassed by Bush 1 and Bush 2).

  2. #2
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    Yes, covid has greatly affected all spheres of human life.

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    I hope it will be better next year.

  4. #4

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    I was always afraid that my house would one day collapse from an earthquake or some other factor. It's all so unpredictable that you need to buy housing only from trusted developers with a good reputation. For example, my father is in the construction business and says that it is better not to skimp on the foundation of the building because this is very serious and responsible. By the way, he says that you can save, but save in the sense that you can use services like https://petesuen.com/, where the guys have already done all the work for you to find scaffolding, and you have to choose the selected service. So I think these are terrible statistics, and if I buy a house, I will definitely study the developer's policy in advance.

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