▲ | riehwvfbk 4 days ago | ||||||||||||||||
The point about housing is quite clearly false. There are around 147 million residential housing units in the US. And there are around 1.4 million built each year (this number fluctuates a lot: it was a third of this during the mortgage crisis, for example). But even if new residential construction is cut in half - that's a change of 0.5%. It's all right to have an opinion, but it's important to realize when it's based on data and when on emotion. | |||||||||||||||||
▲ | actuallyalys 3 days ago | parent | next [-] | ||||||||||||||||
The U.S. has underbuilt housing for some time [0], so it seems likely that cutting production in half would have a significant effect, even if it’s partly offset by lower demand in the form of lower immigration. [0]: https://investors.zillowgroup.com/investors/news-and-events/... | |||||||||||||||||
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▲ | gamechangr 4 days ago | parent | prev | next [-] | ||||||||||||||||
Does those numbers take into account things like hurricanes in Florida? | |||||||||||||||||
▲ | notisst 3 days ago | parent | prev [-] | ||||||||||||||||
[dead] |