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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (1428)3/7/2004 2:35:27 AM
From: CalculatedRisk  Read Replies (5) of 116555
 
And another interesting piece to the puzzle:

census.gov

Using this historical data, we discover that the "total occupied" units to "All housing Units" ratio stayed fairly steady at around 88.5% to 89% throughout the 90s. But starting in 2000, this ratio started dropping. Now the ratio is down to 87.2%.

The number of vacant units is soaring! Many of these are rental units, but I believe there are too many overall units being built.
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