not even see something terribly odd...
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that a stunning increase in multi-housing...
makes everyone one of U.S. see a housing recovery - right before our eyes.
when it simply is not there.
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Sold@daTop shows U.S. a very different view.
Note, how low the green shaded lines are down...
and then ask yourselves "Why green?"
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there is no funding for buying condos
there is no funding for jumbo RE loans
so they build "apartments" to house those vacated from foreclosed homes.
Someday, they might even create jobs for some of U.S. to pay for them.
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Probably shouldn't hold your breath.
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New Residential Construction Report: November 2011
http://paper-money.blogspot.com/2011/12/new-residential-construction-report.html
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