http://blownmortgage.disqus.com/Mortgage and finance with a sarcastic bentenFri, 24 Jul 2009 16:17:25 -0000http://www.blownmortgage.com/category-navi/foreclosure/why-the-increase-in-housing-starts-means-trouble#comment-13289603<p>Good points. We have been discussing this issue for some time now. At the end of 2008, we had an excess of 5 million homes on the market. With unemployment at record highs as well as foreclosures, a constant surge in new housing starts is not what we need. The absoption rate just gets bigger and bigger. Wishful thinking essentially is what got us into this mess into the first place. And then we woke up. Are we going to go back to dreaming again?</p>kennethgsmithiiFri, 24 Jul 2009 16:17:25 -0000