Jobs, rents boost home building


 

Rising rents and a growing job market are encouraging housing construction.

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Rising rents and a growing job market are encouraging housing construction.

 

And banks are helping both by approving more loans.

All that points to a better year for the housing market, though a full recovery could take several years.

“We’re doing so much more business than we have in years,” said Ed Kopal, who runs a construction company in East Texas and has seen his business more than double this year compared with 2011.

Read more at The Register-Guard.

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