Shaking off any implications of impending trade wars with China or Mexico, as well as any doubts from rewiring 17% of the US economy through healthcare legislation, America’s homebuilders are expressing the most confidence in recent years.
The reason for this given by CNBC analysts was that builders are anticipating a lax regulatory regime that will make housing starts much easier.
We at Competitive Futures have had a tough time predicting what, if any, regulatory regime might permit that. The nonlinear process of the current US government precludes much certainty, even if the construction industry is feeling optimistic regardless.