Is a Boom in U.S. Homebuilding Coming?
April 12, 2010 at 13:48 PM EDT
Crazy headline, right? At first I thought the same thing. After all, with nearly 10% unemployment and a flood of foreclosed properties hitting the market, why would anybody need to dramatically boost new home construction anytime soon? Last week I saw a statistic from a former Goldman Sachs economist that estimated new home demand in [...]