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Construction of homes at lowest level since '91

Construction of homes and apartments fell in July to the lowest level in more than 17 years, but some economists said the drop could aid the slumping housing sector by helping reduce a glut of unsold ...

Full Story: South Florida Sun-Sentinel

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Real World

Miami, FL

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#1
Aug 20, 2008
 
Who but a expert economist, could have figured out that there is a glut of new housing to be sold. And I thought it was just a bad market. Now if only these economic genius's could persuade the stupid builders to stop building.
FINE

Fort Lauderdale, FL

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#2
Aug 20, 2008
 
They're afraid the Mexicans do not have enough jobs.
concerned one

Pompano Beach, FL

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#4
Aug 20, 2008
 
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For me, this story in this news article is great news!!......As the effects of the terrible hardships from owning, maintaining, and operating auto vehicles continue to rise it energizes even FURTHER my idea for getting rid of auto vehicles. We will be safer, wealthier, healthier, and happier.
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