​Housing Starts Are Tumbling As Completions Soar, It’s Very Recessionary – Tyler Durden

Housing Starts Are Tumbling As Completions Soar, It’s Very Recessionary Authored by Mike Shedlock via MishTalk.com, The discrepancy between housing starts and completions is the largest since 1980. Let’s discuss… Data from the Census Department, calculation and chart by Mish The DotCom bust was unrelated to housing. Most recessions impact housing or housing busts lead to recession. The single-family stats aren’t good, but they aren’t as bad. Single Family Housing Starts Minus Completions The next chart puts the discrepancy into proper perspective. Housing Starts and Completions Housing Starts Minus Completions Detail The Strong Economy? Fed Chair Jerome Powell put on…  — Continue at ZeroHedge News : Read More