Home › Forums › Housing › New Home Sales Dive to Record Low › briansd1 wrote:We need to
[quote=briansd1]We need to increase housing starts in order to stimulate economic growth. The resale of existing house does nothing for GDP.
But how to encourage building without price appreciation? Builders need access to cheaper land, building materials and contract labor.
Interesting predicament we’re in.[/quote]
I think the local economy is tied to government spending with the Navy being the largest employer down here.
