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Usa New House Starts Up

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Guest boredwaiting

CNN news report

It looks like the US new build market is not ready to roll over just yet :(

I think that a significant proportion of these may be from the hurricane damage that we have seen in New Orleans. I didn't see in the report if they have seperated that out or not?

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The obliteration of an entire city (New Orleans). May affect the demand for bricks.

Hurricane Katrina left insurance estimates ~ $100 billion

What do you think?

These brick will be paid for with insurance payouts and not mortgages

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The obliteration of an entire city (New Orleans). May affect the demand for bricks.

Hurricane Katrina left insurance estimates ~ $100 billion

What do you think?

These brick will be paid for with insurance payouts and not mortgages

Not a whole city...A whole region, the size of Great Britain.

http://www.bloomberg.com/apps/news?pid=100...=top_world_news

Housing starts in November rose by the most in seven months as a pickup in jobs and reconstruction after two hurricanes reignited the homebuilding market.

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I think that a significant proportion of these may be from the hurricane damage that we have seen in New Orleans. I didn't see in the report if they have seperated that out or not?

That turns out not to be the case. Look at the regional breakdown.

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I guess that the Chinese have to do something with all those trillions of dollars that the Americans have been shipping to them...

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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