Delete comment from: Captain Capitalism
The X-axis of the chart says "thousands of units", so it's an absolute measure. But the American population has gone up at least 50% since the 1960s. Shouldn't the chart be adjusted for population growth?
Of course I know that you have presented us convincing data in the last months, showing that the housing market is still on its way to the bottom. But then I ask, why hasn't the overall demand for housing gone up in the US in the last decades?
Jul 27, 2007, 9:00:00 PM
Posted to Home Builders, the New OPEC