Comments on: Housing Starts to Fall to 3 Year Lows

By: Larry Nusbaum

Larry Nusbaum — Wed, 20 Sep 2006 15:31:51 +0000

I do not see a “shortage” in hosuing in 12 months (new builds). Cycles don’t change rapidly. In fact, if we have a recession, the glut will continue.

By: erik

erik — Wed, 20 Sep 2006 13:10:56 +0000

That is interesting. I wonder what the repercussions will be for this in 12 months time. Will it mean a shortage of housing, or do we have so much already that we won’t have to worry about that for a while?

By: Larry Nusbaum

Larry Nusbaum — Tue, 19 Sep 2006 21:55:52 +0000

As a remonder, it’s only housing starts (new home builds) and they always overbuild in a hot market. They will work through the inventory, no problem and everyone who wants a (new) home will now get one at a discount