Tag Archives | multi-generational housing

US auto sales, housing starts, will be hit by oil price collapse

The best view is always from the top of the mountain.  That’s probably why the outlook seems so promising for US auto and housing markets.  Both appear to be doing well on the surface, but dig a little deeper and concerns soon emerge. The chart above demonstrates the point, updating the data from my July post […]

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Oil price collapse will likely end recovery in US housing starts

We now have full US Census Bureau data for housing starts in 2014, which shows: Starts returned to the 1m level for the first time since 2007 They were also nearly double the low of 554k seen in 2009 But at 1.006m, they were less than half of the 2.068m peak in 2005 The data also […]

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Ageing BabyBoomers slow housing, auto markets

As promised yesterday, the blog today looks at the wider impact of the major changes underway in housing markets.  Driven by the ageing BabyBoomers these changes are, in effect, like throwing a series of large stones into the middle of a pool of water – the ripples spread wider and wider as the impact grows. One key […]

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US home ownership falls back to 1995 levels, as Boomers retire

US housing demand used to be a major support for the US economy.  But that was in the days when millions of new BabyBoomer families wanted to set up home in the suburbs and raise a family.  The rule was simple – if prices were high, you just drove 10 miles down the freeway to find a […]

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US home prices slip whilst housing trends change

US house prices were the original cause of the financial collapse in Q4 2008. Since then, the politicians have failed to grasp the depths of the problem. Now, the housing market seems about to start on a new downward leg. The chart shows that prices hit a new low last month, down 33% from the […]

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