Housing, or more generally living spaces, refers to the construction and assigned usage of houses or buildings collectively, for the purpose of sheltering people —the planning or provision delivered by an authority, with related meanings. The social issue is of ensuring that members of society have a home in which to live, whether this is a house, or some other kind of dwelling, lodging, or shelter. Many governments have one or more housing authorities, sometimes also called a housing ministry, or housing department.
CNN was at it again, wondering if China's supposed housing bubble was about to burst, as if the term "housing bubble" in China was the same as the housing bubble America faced in 2008.
Where, in housing, is the border between ‘wants’ and ‘needs’?
Overview: One new trend in housing is the growth of age-targeted developments, rather than age-restricted.
Many analysts believe the serious slump in housing is the result of a speculative bubble bursting after home sales set records for five straight years.
"The further contraction in housing is likely to be a significant drag on growth in the current quarter and through early next year," [Fed Reserve Chairman Ben] Bernanke said.