Interest rates are rising, but demand for lumber in Chicago area still strong – Center Square

“More people need housing. There’s just a shortage of housing everywhere.”
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debtsor
3 years ago

Ha! This is the same Realtor crap they always say. “There’s a shortage of housing”. There’s no shortage of housing. There’s never been a shortage of housing. New housing starts have been the highest they’ve ever been. Now that prices are plateaued and are starting to fall, sellers are coming out of the woodwork to sell and active inventory is rising everywhere.

Ex Illini
3 years ago

Once we hit full blown recession the need for housing won’t be as great. The unemployed will be living in mom’s basement again.

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