A look at massive distortions and massive supply in the pipeline.
The index for construction costs of singled-family houses spiked 15.3% in November compared to a year ago, the worst year-over-year … [+5617 chars]
Inventories of New Houses for Sale Highest since 2008, Worst Spike in Construction Costs in at Least 50 Years: What the Heck Is Going On? – WOLF STREET