Why new home construction is slow, and will remain so for a long time

Summary: The refusal of housing construction to join the boom has baffled economists and investment experts. Demographic change explains much of this puzzle, and suggests that housing construction — a major driver of the post-WWII boom — will remain in the doldrums for several more decades. Boom and bust of the housing market Large file; […]

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This article by Editor of the Fabius Maximus website originally appeared on fabiusmaximus.com on May 02, 2016 at 12:00PM