This is a YouTube video titled "🏠 Behind in Building New Homes 🏠" containing a monologue by Nate O'Brien discussing housing market trends from the 1970s through the 2010s, highlighting the significant drop in new home construction after the 2008 financial collapse leading to shortages in the market. The content was created in July 2021.
Things in the housing market that you may not know about. An interesting new study shows that in the 70s, 80s, 90s, and 2000s on average, each decade produced 26 million new homes on the market. Due to the 2008 financial collapse, the 2010s only had 6 million new homes as builders really halted their progress. So this shows that for the last 10 years, the housing market has been far behind the previous trends of previous decades, causing more shortages.
