patrick.net

I believe it was April 23, 2016 when I wrote the article "Time for New Home Sales To Show Growth"

Updated data line .. now you can see what I was talking about

I think the UK/US provide more than enough historical data.

Low Wages can only create a "Middle Class" if housing costs are kept to a minimum via subsidized construction for builders to use land to build for modest homeowners.

Ever since the US/UK stopped encouraging affordable housing, real estate costs have skyrocketed far higher than the rate of inflation. The correlation is almost perfect in both countries.

The government AND private industry can make money on it, while providing hundreds of thousands of jobs.

I am driving the Market Urban-ism people nuts with this thesis but none of them were versed in the data on the big home thesis and are trying to convince me that this isn't an issue

Always tell after 3 sentences if a group of people ever bothered to study the data .. then the best is just letting them talk, talk, talk until they realize they're not educated enough in the data lines they profess to be talking about