Household Formations News Today : Breaking News, Live Updates & Top Stories | Vimarsana

We are erupting in terms of the economy. it's not just the stock market. it's not just those jobs. it's wages, right? wages are erupting for the bottom half of workers. blue collar workers, their wages are actually growing faster than their supervisors for the first time in more than a decade. household formation is beginning in this country. right now home i'm is the highest level it's been since the first quarter of 2014. yesterday we learned that housing permits highest level since 2007. that's the foundation of our economy. really it's household formations when people get married and have ...

Important thing to say is i'd rather have 4.1% growth than something less than that. >> but there's somebody watching this saying i don't understand how that helps me. >> that's precisely it because these numbers are often mismeasures. we talk about a low unemployment rate but we don't talk about the labor participation rate has never returned to what it was before the great recession. that means there are all kinds of people who just gave up on looking for a job a long time ago. >> however, some of that is structural because you have 10,000 people turning 65 every single day. >> we may not ge...

The choices you will have and the opportunities that you have. >> coldwell banker doing this, real estate, trying to connect, are they trying to do household formations? >> we were trying to study the buying trends and as a result of this boomerang generation, when were people buying first homes, when were people downsizing. was this delaying the process. i think the truth of the matter is it is taking us all longer to grow up, all of us. >> in europe, whole generations live together. >> yeah. >> maybe we're catching up with them. >> i guess. i guess. but you know, i think there's a point to e...

People to buy a house? good time to sell a house? good time to sit tight and don't do a dog gone thing? >> look at the numbers. a significant thing that is occurring in the economy right now that is sparking this recovery in housing is household formations are about 1.1 million which has been about our historical average. now from 2007 to 2010 on average household formations fell to about 550,000 -- >> you mean people getting married and starting families? >> you bet. >> so people because of the economy just didn't get married, didn't form a family. >> you know on the other side they didn't ge...

People to buy a house? good time to sell a house? good time to sit tight and don't do a dog gone thing? >> look at the numbers. a significant thing that is occurring in the economy right now that is sparking this recovery in housing is household formations are about 1.1 million which has been about our historical average. now from 2007 to 2010 on average household formations fell to about 550,000 -- >> you mean people getting married and starting families? >> you bet. >> so people because of the economy just didn't get married, didn't form a family. >> you know on the other side they didn't ge...