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Teardowns on a Tear
UExpress, June 17, 2016–Sichelman, Lew
According to the National Association of Home Builders’ best count, nearly 8 percent of all single-family housing starts in 2015 were attributable to teardown-related construction. That’s roughly 55,000 older houses gone forever, and that’s on top of the 31,800 single-family teardown starts in 2014.