2008 worst construction year since '80s

With 2008 sixty percent over,it already ranks as the slowest construction year since the early 80s,with new home construction at a trickle.The mortgage crisis continues,even with interest rates at historic lows.New home buyers are faced with tighter qualifying rules set by lenders,while many first time buyers are in fear of layoffs and stagnant wages.The building trades are feeling the constricted construction severely,as layoffs are a constant black cloud.Many skilled tradesmen are faced with the fact that healthy construction levels will not come back until 2010.