“The numbers do look a little strange because we have 38,000 new home sales, but a lot of that is more than 7,000 apartment to condo conversions which is clearly an indication of the need for affordable housing.”
“This does not make sense to us. We're not clear what this means because housing construction is not a factor in the growth rate; population is a factor. We build housing to meet the population rate.”
“We built and sold more homes last year than we did the year before, so I don't fully understand the numbers they're working with. I would be scratching my head as someone who has studied economics for years.”
