Resumption of housing since the financial crisis



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<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – smt Mt (0.8em) – sm" type = "text" content = "The housing recovery since the financial crisis reflects a deeply fractured country."data-reactid =" 15 ">The housing recovery since the financial crisis reflects a deeply fractured country.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – smt Mt (0.8em) – sm" type = "text" content = "The biggest distinction is the disparity between growth in urban and rural areas of the United States. According to one new report from Trulia, the value of homes in the 100 largest metropolitan areas increased by 53.1% from mid-2012 to mid-2017. This is almost twice the value of housing in rural areas (27.9%) over the same period."data-reactid =" 16 ">The biggest distinction is the disparity between growth in urban and rural areas of the United States. According to one new report from Trulia, the value of homes in the 100 largest metropolitan areas increased by 53.1% from mid-2012 to mid-2017. This is almost twice the value of housing in rural areas (27.9%) over the same period.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – smt Mt (0.8em) – sm" type = "text" content = "Housing economist Felipe Chacon, author of the report, noted that the gap between urban and rural is not a new phenomenon."data-reactid =" 17 ">Housing economist Felipe Chacon, author of the report, noted that the gap between urban and rural is not a new phenomenon.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – smt Mt (0.8em) – sm" type = "text" content = ""The differences between metropolitan and rural regions with respect to employment and housing value trends have not started with the post-recession recovery of the last decade. This divergence between urban and rural areas has become particularly evident in recent years. Economic trends following the housing crisis seem to have intensified the conditions for people to leave rural areas and turn to large employment centers, "he said."data-reactid =" 18 ">"The differences between metropolitan and rural regions with respect to employment and housing value trends have not started with the post-recession recovery of the last decade. This divergence between urban and rural areas has become particularly evident in recent years. Economic trends following the housing crisis seem to have intensified the conditions for people to leave rural areas and turn to large employment centers, "he said.

<h2 class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Housing follows the characteristics of the job"data-reactid =" 19 ">Housing follows the characteristics of the job

<p class = "canvas-atom-text-canvas Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Can not isolate the photo of the slot without examining the image of employment: the housing divide reflects that of employment growth: in the 100 largest metropolitan areas, the number of employed has returned to pre-recession levels in the mid -2012 and grew by 9.6% in the middle of 2017, according to Trulia. This compares to an employment growth of only 0.6% in rural counties over the same period, which have not yet regained their pre-recession employment level. Data-reactid = "20" The housing divide reflects that of employment growth: in the 100 largest metropolitan areas, the number of people employed has returned to its pre-recession level. mid-2012 and grew by 9.6% in the middle of 2017, according to Trulia. This compares to an employment growth of only 0.6% in rural counties over the same period, which have not yet regained their pre-recession employment level.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – smt Mt (0.8em) – sm" type = "text" content = "The overall demographic change indicates how much technology-driven job growth is coming from large cities. Over the same five-year period, the US population grew by 3.7%. According to Trulia, in the 100 largest metros, it grew by 4.8% and those living in rural areas by 1.0%."data-reagent =" 21 ">The overall demographic change indicates how much technology-driven job growth is coming from large cities. Over the same five-year period, the US population grew by 3.7%. According to Trulia, in the 100 largest metros, it grew by 4.8% and those living in rural areas by 1.0%.

The divergence between urban and rural areas has become particularly important in recent years

This blatant disparity between economic opportunities in urban and rural areas is leading to a growing surfeit of rural America, which includes much of Trump's main constituency. This discontent has worsened as a result of the administration's decision to impose tariffs on steel and aluminum, Chinese imports of $ 50 billion

This week, more than 80 organizations representing thousands of businesses have joined forces to launch a lobbying campaign called "Tariffs Hurt the Heartland". Business leaders ranging from toys to technologies point to job losses, deferred investments and Trump's side-effects from wars

<h2 class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "The urban boom"data-reactid =" 44 ">The urban boom

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – smt Mt (0.8em) – sm" type = "text" content = "While rural areas have certainly been neglected on the slow and steady path of recovery, this is not good news for hot urban markets. Accessibility remains a major concern for potential homebuyers who prefer to rent than to compete aggressively for limited quantities of inventory, as evidenced by the lazy summer season."data-reactid =" 45 ">While rural areas have certainly been neglected on the slow and steady path of recovery, this is not good news for hot urban markets. Accessibility remains a major concern for potential homebuyers who prefer to rent than to compete aggressively for limited quantities of inventory, as evidenced by the lazy summer season.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – smt Mt (0.8em) – sm" type = "text" content = "Rapid population growth and employment in the larger metropolitan areas pushes housing prices out of reach. For example, New York City, the biggest American subway, housing prices rose by 31% between 2012 and 2017. Los Angeles, the second largest country, grew by 68.4% over the same period. "data-reactid =" 46 ">Rapid population growth and employment in the larger metropolitan areas pushes housing prices out of reach. For example, New York City, the biggest American subway, housing prices rose by 31% between 2012 and 2017. Los Angeles, the second largest country, grew by 68.4% over the same period.

The disparity in employment growth between rural and urban communities is widening.

<p class = "canvas-atom-canvas-text Mb (1.0em) Mb (0) – smt Mt (0.8em) – sm" type = "text" content = "Despite this pronounced bifurcation between urban and rural economies, Robert Shiller, Professor of Economics at Yale and Nobel Laureate, There is very little reason to believe that a bubble is brewing. He said Yahoo Finance at the beginning of the month that & # 39; it sees no sign of a crash like the one that shook the real estate market ten years ago."data-reactid =" 67 ">Despite this pronounced bifurcation between urban and rural economies, Robert Shiller, Professor of Economics at Yale and Nobel Laureate, There is very little reason to believe that a bubble is brewing. He said Yahoo Finance at the beginning of the month that & # 39; it sees no sign of a crash like the one that shook the real estate market ten years ago.

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