1982 National Housing Production Report
The years 1980 and 1981 marked a period of significant readjustment for the housing industry, after a downturn brought on by adverse economic conditions and high interest rates. From a peak of 2.0 million in 1978, housing starts fell to 1.3 million in 1980 and 1.1 million in 1981. However, the conservation and upgrading of the existing housing inventory that typically occurs in periods of downturn meant that the Nation was less dependent on new construction than has been generally believed.
The rental inventory continued to grow in 1979 and 1980, and the physical adequacy of housing has been improving over the longer run. This Housing Production Report--a continuing product of HUD's Office of Policy Development and Research--covers, in narrative and tabular form, national housing production, financing, and labor and materials requirements for the years 1980 and 1981.
This report is part of the collection of scanned historical documents available to the public.