Reader Response: Why Are There Any New Homes Being Built?

A reader named Paul writes in with this:

A better question is why there are any housing starts at all right now. Nothing is selling, so why are they still building?

My initial thought was that the new construction might be in the areas unaffected by the housing boom and subsequent bust – one of those “Three Americas” that Edward Glaeser wrote about a few weeks ago. So I asked Professor Glaeser what he thought.

Published in: on October 17, 2008 at 11:51 pm  Leave a Comment  

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