Home Builders and the Housing Crisis

Home builders in particular got burned in that crisis, which caused them to slow down. It didn't manifest itself so badly for several years because there were a bunch of homes to be sold. So weu really did have kind of a glut of homes. But a lot of that was a falling home ownership ret a bunch of these people pushed out of home ownership,. That's why it took a while to kind of work our way back up to this more robust demand.