Who's Benefiting From Current Housing Market Growth?

Published: Tuesday, January 8, 2019 - 12:57pm
Updated: Tuesday, January 8, 2019 - 2:21pm
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Deep trouble in the housing market took a huge chunk of the blame for the Great Recession in the United States a decade ago.

The Census Bureau’s most recent annual report, "Characteristics of New Housing," shows indicators that seem much healthier — including updated amenities and record square footage per person.

But how widespread are those benefits? Are first-time homebuyers feeling a squeeze?

To talk about that, The Show reached out to Mark Perry, professor of economics at the University of Michigan’s Flint campus.

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