The per capita number of new single-family home permits pulled is the lowest since 1974. Lumber prices have crashed due to low bulk demand, and the builders building those "house a day" subdivisions are now sitting on units, due to the houses being un-affordable. The real estate crash is comin', and when it does...
The per capita number of new single-family home permits pulled is the lowest since 1974. Lumber prices have crashed due to low bulk demand, and the builders building those "house a day" subdivisions are now sitting on units, due to the houses being un-affordable. The real estate crash is comin', and when it does...
On top of this, there's a huge car loan bubble. That one is a bit sneakier. I don't hear many people who aren't in that industry talking about it.