Problems With Home Building Statistics And Reports
I was reading an article a few weeks ago, that had a lot
of information about things that might not be true. I know that
newspapers, magazines and even large Internet websites, make lots of
money using attention grabbing article titles, but often seemed to give
readers a false illusion about what's really going on in the home
building industry.
It seemed like most of the numbers in this article, were extremely
misleading. They were talking about houses that started to lose their
value as early as 2005. I am sure that their research is correct in some
parts of the country, but where I live, prices were going through the
roof for at least another two years.
This article also suggested that 3% of all single-family dwellings were
unoccupied throughout the country. Again, where I live, this doesn't
seem to apply. Again, I don't want to suggest that the author of this
particular article is incorrect, but it seems to create a illusion to
some of the readers, that things are worse than they actually are.
Stuff like this sells newspapers, gets people to click through news
driven websites and often creates a fear-based mentality for its
readers. These things also get twisted around as more of the article
readers start to spread gossip and add their own misguided information.
I don't know how many reports or home building statistics I have
examined in the past or how many I am going to be looking at in the
future, but I can tell you one thing for sure. I'm not going to get
caught up in the hype, instead I'm going to search for the facts and I
recommend that you do the same.