Fed Pushes Housing into Stronger Hands [View article]
a BANN on building has merit, but the downside is a HUGE explosion in unemployed contractors for that period. The "infrastructure" investment by the feds (taxpayers) is supposed to mitigate the already sucking home builder market. Some homes in some markets will still need to be constructed but the low profit in competition with existing homes will keep the new construction suppressed anyway.
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a BANN on building has merit, but the downside is a HUGE explosion in unemployed contractors for that period. The "infrastructure" investment by the feds (taxpayers) is supposed to mitigate the already sucking home builder market. Some homes in some markets will still need to be constructed but the low profit in competition with existing homes will keep the new construction suppressed anyway.
Jan 09 09:33 am
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