What's really misleading, at least based on the comments here, is that this spike was driven by a drastic increase in multi-family (5+ unit) starts. Near the start of the pandemic in the US, these starts hit their highest level since 1985: https://fred.stlouisfed.org/graph/?id=HOUST1F,HOUST5F,HOUST2...,
>What's really misleading, at least based on the comments here, is that this spike was driven by a drastic increase in multi-family (5+ unit) starts.
... so COVID-19 somehow helped the YIMBY movement get apartment buildings permitted for bloody once? This is... great news, albeit without any clear causal connection between one thing and another.
What would be good would be single family homes being built and sold to people instead of anything being built to extract yet more rent from an already failing middle and lower class.
> albeit without any clear causal connection between one thing and another.
No clear causal connection? How about more capital available to businesses than basically ever before?
