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For several reasons, the United States in 1950 was at the peak of its biggest housing construction boom since 1929.
Housing construction reached its peak in 1986 and since then has dropped off sharply, because of high interest rates and high construction costs.People on Long Island also lost jobs because of the stock market crash of October 1987.
Housing construction is not overly strong, running well below previous peaks.
Housing construction grew in May.
Individual housing construction was also stimulated.
and mixed-income housing construction.
Air-conditioning enabled faster wooden housing construction.
Housing construction for homeless people will sputter.
Home values and housing construction is on the rise.
Then the financial crisis hit, and housing construction collapsed.
Housing construction and machinery investment were especially robust.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com