It's not 2011 anymore, when housing construction was at its lowest because of the overhang due to the massive real estate bubble.
It's 2013 and a construction boom is under way that is so large that in the next 2 years more housing will be built than in the past 15 years combined.
This canard keeps getting repeated on HackerNews.
It's not 2011 anymore, when housing construction was at its lowest because of the overhang due to the massive real estate bubble.
It's 2013 and a construction boom is under way that is so large that in the next 2 years more housing will be built than in the past 15 years combined.
http://www.bizjournals.com/sanfrancisco/print-edition/2013/0...