Tuesday, 19 May 2009

US housing starts - no recovery here

If US housing starts had fallen any further, they would have hit zero.

Some people might see signs of a recovery, in the sense that starts have stopped falling. I don't buy it.


Anonymous said...

There are too many houses, why build more?

Surely this is sensible.

Alice Cook said...

Anon 15:33

I couldn't agree more.