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A comment on US home prices surge 17% in May, fastest in 17 years. Parent comment

Re:US home prices surge 17% in May, fastest in 17 years by brandall10 on Wednesday July 28, 2021 @06:30PM (#27990585)
That’s what folks said in the 2000s. In fact that’s what they always say.
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Re:US home prices surge 17% in May, fastest in 17 years by epistasis on Wednesday July 28, 2021 @08:10PM (#27991310)
In the 2000s it was true too, but not nearly as acute as now.

The downturn in home building is decades long. And the 2008 cycle reduces the construction workforce even more, and it never recovered.

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