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Housing recovery since financial crisis recession



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

<p class = "canvas-atom canvas- text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " The biggest distinction is the disparity between urban and rural growth in the US According to a new report by Trulia, the values ​​of the homes in the 1

00 largest metropolitan areas grew 53.1% from mid-2012 to mid-2017. This is almost twice the value of the apartment in rural areas (27.9%) during this same period. "data-reactid =" 16 "> The biggest distinction is the disparity between growth in urban and rural areas of the United States. According to a new report of Trulia, home values ​​in the 100 largest metropolitan areas g rebound of 53.1% from mid-2012 to mid-2017. This is almost twice the value of domestic appreciation in rural areas (27.9%) during the same period.

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

<p class = "canvas-text canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" The differences between the subway and rural areas in labor trends and home values ​​have not started with the recovery from the recession of the past decade This divergence between urban and rural areas has become particularly evident in recent years: economic trends in the aftermath of the crisis of housing seems to have intensified the conditions that push people to move away from rural areas and towards greater employment c enter, "he said. " data-reactid = "18"> "The differences between the subway and the Rural areas in labor trends and home values ​​have not started with the recovery from the recession of the past decade – this divergence between urban and rural areas has become particularly evident in recent years – economic trends in the aftermath of the real estate crisis they seem to have intensified the conditions that push people away from rural areas and towards larger 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 occupation patterns "data-reactid =" 19 "> Housing follows occupation patterns

<p class =" canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" It is impossible to isolate the housing image without examining the occupational picture The real estate gap mirrors that of employment growth: in the biggest 100 metropolitan areas, the number of people employed has returned to pre-recession levels by mid-2012 & nbsp; and has a further 9.6% until mid-2017, according to Trulia, which compares with growth of 0.6% employment in rural counties in the same period, which have not yet recovered pre-recession employment levels. "data-reactid =" 20 "> It is impossible to isolate the image of housing without examining the occupational picture. The housing division mirrors that of employment growth: in the 100 largest metropolitan areas, the number of people employed has returned to pre-recession levels by mid-2012 and has registered a further 9.6% until mid-2017, according to Trulia. This compares with a 0.6% employment growth in rural counties during the same period, which have yet to recover from pre-recession employment levels.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " The overall demographic change indicates how much growth in jobs, driven by technology, comes from the big cities, during the year, the overall population of the United States grew by 3.7%, while in the 100 largest metropolitan areas it increased by 4.8% and those living in rural areas have decreased by 1%, according to Trulia. "data-reactid =" 21 "> The overall demographic change indicates how much job growth, driven by technology, comes from from big cities. During the same five-year period, the total population of the United States grew by 3.7%. In the 100 largest metropolitan areas, it grew by 4.8% and those living in rural areas decreased by 1%, according to Trulia.

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

This harsh disparity between economic opportunities in urban and rural areas is leading to a growing negative reaction to rural America, which includes much of Trump's constituency. This discontent has escalated in light of the decision of the administration to impose tariffs on steel and aluminum, 50 billion dollars of Chinese imports in force (and additional duties on approaching $ 200 billion) and to bring down the existing North American free trade agreement.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Just this week, over 80 organizations representing thousands of member companies forces to launch a lobbying campaign "Fees hurt Heartland". & nbsp; Company executives ranging from toys to technology are highlighting job losses, investments Deferred and other side effects of Trump's trade wars. "data-reactid =" 43 "> Just this week, over 80 organizations representing thousands of companies joined forces to launch a lobbying campaign called" Fees Hurt " ; Heartland ". Business executives ranging from toys to technology are highlighting job losses, deferred investments and other side effects of Trump's commercial 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) –sm Mt (0.8em) – sm "type = "text" content = " While rural areas have certainly been neglected in the slow and steady road to recovery, they are not all good news for the hot urban markets Accessibility is still a major concern for potential buyers of houses that prefer to rent rather than compete aggressively for limited quantities of inventory, as evidenced by the summer season . "data-reactid =" 45 "> While rural areas were certainly neglected in the slow and steady road to recovery, they are not all good news for the hot urban markets. Accessibility is still a major concern for potential homebuyers who prefer to rent rather than compete aggressively for limited quantities of inventory, as evidenced by the summer season .

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " The rapid growth of population and employment in the larger metropolitan areas is pushing house prices out of reach.For example, & nbsp; New York City, the largest subway in the US has seen housing prices appreciate by 31 % between 2012 and 2017. Los Angeles, the second largest, recorded a growth of 68.4% over the same period. "data-reactid =" 46 "> The rapid growth of the population and of employment in larger metropolitan areas is pushing house prices out of reach. For example, New York City the largest US metropolis saw house prices appreciate by 31% between 2012 and 2017. Los Angeles, the second largest, recorded a growth of 68.4 % during the same period.

<p class = "canvas-text canvas-text Mb (1.0em) Mb (0) – sm 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 Prize winner, stated that there is very little reason to believe that a bubble is brewing.] Yahoo Finance at the outset of this month which sees no sign of an incident like the one that shook the real estate market a decade ago. "data-reactid =" 67 "> Despite this pronounced bifurcation between economies Urban and rural, Robert Shiller, professor of economics at Yale and Nobel Prize winner, said that there are very few reasons to believe that a bubble is brewing. He said Yahoo Finance at the start of this month that sees no sign of an incident like the one that shook the real estate market a decade ago.


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