housing starts: Good News in a Bad News Headline
- 04/20/09 12:12 PM
"March Housing Construction Drops 10.8 Percent" By now you've probably seen headlines like this one. It's dramatic, it sounds like the world is ending for real estate, and it is just the kind of dramatic overstatement that makes me gag when I read the news. But have you actually READ the article? I've linked it to the headline. Believe it or not, there's actually a lot of good news in there. The article explains that the percentage is based largely on the fact that multi-family home starts (apartments) are down, but in fact, single family home starts have stabilized. Here are … (31 comments)
"March Housing Construction Drops 10.8 Percent"
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