Housing Starts Are Tumbling as Completions Soar, It’s Very Recessionary
by Mike Shedlock The discrepancy between housing starts and completions is the largest since 1980. Let’s discuss. Data from the Census Department, calculation and chart by Mish The DotCom bust was unrelated to housing. Most recessions impact housing or housing busts lead to recession. The single-family stats aren’t good, but they aren’t as bad. Single …