The Huge Trend Behind the Most Important Housing Chart Investors Might Ever See
Tech stocks have been all the rage in 2020. And for good reason, with the tech sector delivering more than 30% in gains and tech companies providing many of the tools that have kept millions of people working during the coronavirus pandemic.
But investors shouldn't ignore a boring industry like homebuilding; after all, many of those tech companies count on millennials as their most important employees. On the Nov. 6 edition of "The Wrap" on Motley Fool Live, host Jason Hall shared some data that lays out the prospects for the housing industry in stark detail, while Motley Fool and Millionacres contributor Tyler Crowe adds some valuable context. In short, the next decade could be a mega-boom for homebuilders as they work to meet the massive pent-up demand and make up for a lost decade of new home construction.
Source Fool.com
