Trump destroying housing industry

[miketx]

Dammit, Trump is ruining everything!
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US housing starts rose 3.3 percent in November

WASHINGTON – Construction of new homes increased 3.3 percent in November — with the gain largely coming from single-family houses being built at the strongest pace in more than a decade.


The Commerce Department said Tuesday that builders broke ground on homes last month at a seasonally adjusted annual rate of 1.3 million units. The increase marks a key moment in the recovery from the Great Recession: Builders started work on single-family houses at the fastest pace since September 2007, which was just a few months before the start of that economic downturn.


Ralph McLaughlin, chief economist at the real estate company Trulia, said completed new homes are likely to finish at a post-recession high, but completions are still just 65 percent of their 50 year-average...

US housing starts rose 3.3 percent in November

 

[Bruce_T_Laney]

Dammit, Trump is ruining everything!
****************************************

US housing starts rose 3.3 percent in November

WASHINGTON – Construction of new homes increased 3.3 percent in November — with the gain largely coming from single-family houses being built at the strongest pace in more than a decade.


The Commerce Department said Tuesday that builders broke ground on homes last month at a seasonally adjusted annual rate of 1.3 million units. The increase marks a key moment in the recovery from the Great Recession: Builders started work on single-family houses at the fastest pace since September 2007, which was just a few months before the start of that economic downturn.


Ralph McLaughlin, chief economist at the real estate company Trulia, said completed new homes are likely to finish at a post-recession high, but completions are still just 65 percent of their 50 year-average...

US housing starts rose 3.3 percent in November

If people would give Trump a chance, just maybe he might do some good...

I dislike the man but have to say too many mental midgets bashing him and yet the country has not crashed...

 

[yiostheoy]

Real estate is rank with speculation again.

This caused the great crash of 2007 just as now-brain-dead McCain said "The fundamentals of our economy are sound!"

By eliminating the Federal subsidy on SALT the GOP Congress is putting the brakes on that rank speculation.

Good idea, long overdue. Why didn't Reagan think of this too ?!

 

[Rambunctious]

Housing is just one part of the growing economy...Trump is making America great again...unlike Obama that said the slow growth economy he presided over was the new normal...just think about that for a second...Obama told us we have to get use to a lousy growth rate and higher taxes!
Trump said Bull Shit to that and has the economy humming in less than a year in office...

"New normal"...anyone that still loves Obama after that statement is either stupid or a Government employee...