Comment by andsoitis

> It's crazy to me that housing is calculated as part of GDP

According to the NAHB, housing contribution to GDP occurs in 2 ways:

a) Residential investment (averaging roughly 3-5% of GDP), which includes construction of new single-family and multifamily structures, residential remodeling, production of manufactured homes, and brokers’ fees.

b) Consumption spending on housing services (averaging roughly 12-13% of GDP), which includes gross rents and utilities paid by renters, as well as owners’ imputed rents and utility payments.