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Why the Housing Market Is so F%#@ing Insane Right Now

The Breakdown

00:00

The Cost of Construction in the U.S.

There were 402 thousand construction positions unfilled, the second highest level recorded since data collection began in december of two thousand. The cost of construction is weigh up and completely unstable due to supply chain issues in building materials and fixtures. Corporate investors like black rock have bought around 15 % of the total homes for sale in c one of this year. They're generally not buying high end and new property but existing homes built in the seventies.

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