The Biden Presidency

thethe said:
I said they should stop building homes and guess what they will since the free market will see it as a terrible idea.

And California needs more housing. So does NY.

Florida and TExas do not.
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They'll stop building housing when there is no money to be made

California doesn't allow for new homes to be built

Florida does.

Be like Florida
 
sturg33 said:
They'll stop building housing when there is no money to be made

California doesn't allow for new homes to be built

Florida does.

Be like Florida
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The supply of homes unsold/unoccupied is showing there is no more money to be made.

Expect to see a massive halt on building in Texas/Florida moving forward.
 
thethe said:
Thats completely unrealistic since there are permits out to build homes for 3+ years.

Its absolutely absurd what you try to do in your 'arguments' with me to twist my positions.

The original argument was that we need to build a massive amount of new homes to account for pricing. I am saying we don't need to do anything different than whats happening now (which includes plenty of homebuilding) other than throw out illegals.
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And I am telling you that you are wrong. Kick out 10 million illegals tomorrow and we still are dealing with a housing shortage nationally. Again, we stopped building houses 15 years ago. And we are still nowhere near back to the level we were at in the early 2000's, despite the population being 20% higher. Even if you account for illegal immigration, we are still have 30-40 million more people than we did in 2000.
 
Carp said:
And I am telling you that you are wrong. Kick out 10 million illegals tomorrow and we still are dealing with a housing shortage nationally. Again, we stopped building houses 15 years ago. And we are still nowhere near back to the level we were at in the early 2000's, despite the population being 20% higher. Even you account for illiegal immigration, we are still have 30-40 million more people than we did in 2000.
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Where did we stop building homes? Not Texas/Florida which has a massive oversupply right now.

I've already posted three articles that show that.

Not sure what else you guys need to see.

The market will dictate a halt in building there moving forward.

And when illegals are deported - Yikes, its going to get ugly.
 
Also - this exercise started by our retarded President suggesting we should give everyone free money to be able to afford a home.

The low IQ people said we should (as a country) just build more housing

The mega MAGA IQ genius said no, that's stupid. We don't need more homes. The easier thing to do is deport 20 million people. In ten years, a young person will then be able to afford to buy a house
 
sturg33 said:
Also - this exercise started by our retarded President suggesting we should give everyone free money to be able to afford a home.

The low IQ people said we should (as a country) just build more housing

The mega MAGA IQ genius said no, that's stupid. We don't need more homes. The easier thing to do is deport 20 million people. In ten years, a young person will then be able to afford to buy a house
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Weird that there is an oversupply of homes in Texas/Florida and prices still aren't down.

Maybe there is more to the equation than the number of homes.....

But sure - lets build 20 million new homes in Florida and see how that works out....
 
thethe said:
Where did we stop building homes? Not Texas/Florida which has a massive oversupply right now.

I've already posted three articles that show that.

Not sure what else you guys need to see.

The market will dictate a halt in building there moving forward.

And when illegals are deported - Yikes, its going to get ugly.
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People are still moving there bro.

They will get filled at some price.

Once there isn't money to be made, then the builders themselves will stop.
 
Tapate50 said:
People are still moving there bro.

They will get filled at some price.

Once there isn't money to be made, then the builders themselves will stop.
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Builders are getting crushed right now because of the lack of sales.

Its going to happen naturally but some just can't read the tea leaves.
 
thethe said:
What FLorida/Texas did is leading to abandoned homes which will be a major problem for them moving forward.

Keep up.
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They don't have a ton of abandoned homes. Florida and Texas have a healthy housing market. A shortage of homes is never a good thing, unless you are in the business of selling a home.
 
Carp said:
They don't have a ton of abandoned homes. Florida and Texas have a healthy housing market. A shortage of homes is never a good thing, unless you are in the business of selling a home.
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There is the absolutey opposite of shortage of homes in Texas/Florida right now.
 
thethe said:
Assuming that there is population expansion and migration.

Both of which are not a certainty.

Then there is my plan to remove the oversupply of illegals which has an impact as well.
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In the last 50 years of Florida and TX, when has a shortage of population been a problem? Why in the world would anyone project a population shortage?

You are creating an emergency that doesn't exist.
 
Carp said:
In the last 50 years of Florida and TX, when has a shortage of population been a problem? Why in the world would anyone project a population shortage?

You are creating an emergency that doesn't exist.
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Of course there isn't a population shortage in Texas. There are probably 20M illegals there right now.
 
That isnt new.

The list of developers in FL that have ventured out into new areas thinking they can make something out of sandy dirt and palmettos is long and distinguished. That has been going on since I've been alive.
 
Tapate50 said:
That isnt new.

The list of developers in FL that have ventured out into new areas thinking they can make something out of sandy dirt and palmettos is long and distinguished. That has been going on since I've been alive.
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Its been ultra magnified because of poor projections on what migration patterns would look like.
 
thethe said:
Where did we stop building homes? Not Texas/Florida which has a massive oversupply right now.

I've already posted three articles that show that.

Not sure what else you guys need to see.

The market will dictate a halt in building there moving forward.

And when illegals are deported - Yikes, its going to get ugly.
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We have built LESS THAN HALF as many homes in the decade plus since 2007 than the same amount of time from like 95 through 2007. That is incredibly significant. And many economist have been ringing the bell on this problem for years.
 
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