Housing 2019 is going to be really interesting! Everyone up their game!
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This entire housing cycle, most people in the industry made a claim that housing starts would reach 1,500,000 or higher due to a 50 year moving average thesis which didn't account for the demand curve of this cycle.
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I have always taken the other side of this thesis that if we reached 1,500,000 in this decade it would have been an over investment because the demand for new home sales coming from an over investment thesis wouldn't warrant such an expansion on starts
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