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Don't know what's going on in coastal cities. But here we are still very
productive in terms of generating heirs. 2+ children averagely for a family.
Even when I was on east coast a few years ago, 2 or more children was common.
Immigrants definitely play a role but our domestic reproducing rate isn't so bad
either.
http://blogs.wsj.com/economics/2013/03/14/u-s-birth-rates-remain-depressed/
Birthrate down 8.3% from peak, so I guess our domestic reproduction rate is miserable......
Birthrate down 8.3% from peak, so I guess our domestic reproduction rate is miserable......
Exactly the case, if they don't get a move on ...they'll be up to their eyeballs with a delinquency dilemma
AMEN... When already have twice as many delinquent loans to shadow inventory and this has been the case for a while now.
http://blogs.wsj.com/economics/2013/03/14/u-s-birth-rates-remain-depressed/
Birthrate down 8.3% from peak, so I guess our domestic reproduction rate is
miserable......
Totally understand. It has to be miserable in the last few years. If it becomes a trend, we will be in trouble.
However, we were talking about current house formation rate and it may or may not have anything to do with current birth rate.
see you in several months, as prices continue to climb.
Prices for sure are going up this year, there just isn't enough inventory coming to market fast enough. You would need a 2010 inventory but in a much bigger fashion since 2011 and 2012 were just awful years. Not going to get enough traditional and distress homes this year. Home builders aren't building enough SFR homes to make a major impact
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http://loganmohtashami.com/2013/02/27/housing-inventory-hangover-will-continue-in-2013/
#housing