2008: Worst Housing Production Year in Recorded History
Morningstar has posted a video interview with Eric Landry, associate director of industrials and homebuilding at the investment services company. While the topic of housing starts and construction statistics might cause your eyes to glaze over, this particular video is actually not (that) boring -- if only because the discussion is so dramatically bleak. For those without the time to watch the seven-minute video, see the key quotes we've highlighted after the jump.