Seeking Alpha

More on Housing Starts (the bear case): 872K in starts doesn't even reach the level of the...

More on Housing Starts (the bear case): 872K in starts doesn't even reach the level of the bottoms of previous cycles. Dow Jones' Kathleen Madigan points out the historical average is about 1.5M/month. (previous)
Comments (2)
  • bbro
    , contributor
    Comments (10145) | Send Message
     
    The Housing Starts to Total Nonfarm payroll employment ratio is now
    .65%...the average for the 1990's was 1.17%... the low for the 1990's was January 1991 at .73%...The 30 year mortgage rate in
    January 1991 was 9.64%...today's 30 year mortgage is 3.7%

     

    The range in the 1990's was .73% to 1.4%
    17 Oct 2012, 09:06 AM Reply Like
  • Squaxe
    , contributor
    Comments (39) | Send Message
     
    Isn't that the bull case?
    17 Oct 2012, 09:14 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs