Barron’s: Wrong on Housing
July 14, 2008
Barry Ritholtz submits:
New Home Completions, 1968-2008
click for ginormous chart
Major New Home Building Housing expansions since 1968 are marked as a red horizontal line at bottom. They previously lasted 2-4 years (71-73; 76-79; 83-87) The most recent boom far exceeded all previous expansions, running form 1992 - 2003 — then exploding upwards for another 3 years til 2006. >
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