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Ownership pertains to the land, its underground assets, and the airspace above it. Investors and analysts maintain a detailed eye on housing starts because the numbers can provide a common sense of financial course. Moreover, the kinds of new housing starts can give clues about how the financial system is growing. Land refers back to the earth’s floor all the means down to the middle of the earth and upward to the airspace above, including the timber, minerals, and water.
Investors purchased 18.2 percent — or nearly one in 5 — of all of the homes sold in the united…