Thinker101
Diamond Member
- Mar 25, 2017
- 24,438
- 14,437
- 1,415
In the midst of a lingering affordability crisis in the United States housing market, Red states like Texas have been successfully building or starting to build millions of new homes in the past few years, while Blue states like California and New York are struggling to replenish inventory.
Within the last two years, some 116,693 single-family home permits were issued in California, out of a total of 221,983. In the same period, Texas issued 293,569 single-family home permits out of a total of 477,825—more than double those issued in the Golden State.
In the past ten years, California issued a total of 1,069,096 permits, of which 555,943 were for single-family homes, while Texas issued 2,017,652, of which 1,303,555 were for single-family homes.
In California, adding to the dilemma, whether buying a new or an existing home, the next trick is trying to buy insurance.
MSN
Within the last two years, some 116,693 single-family home permits were issued in California, out of a total of 221,983. In the same period, Texas issued 293,569 single-family home permits out of a total of 477,825—more than double those issued in the Golden State.
In the past ten years, California issued a total of 1,069,096 permits, of which 555,943 were for single-family homes, while Texas issued 2,017,652, of which 1,303,555 were for single-family homes.
In California, adding to the dilemma, whether buying a new or an existing home, the next trick is trying to buy insurance.
MSN