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What's behind high housing prices?

Summary by Futurity
A new study looks at how the Great Recession, construction employment, and housing supply levels are linked. The Great Recession occurred 17 years ago, from December 2007 to June 2009. Led by a crash in the housing sector, it was the deepest recession since World War II and resulted in noteworthy financial industry failures, serious economic contraction, and a significant rise in unemployment. Recovery was historically slow, and some sectors nev…

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Futurity broke the news in on Wednesday, April 2, 2025.
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