Tapate50
Well-known member
Not really, those same systems have swung and missed for years on and off.
This isn't new.
The Biden Presidency
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Not really, those same systems have swung and missed for years on and off.
This isn't new.
This is an article from 2018 highlighting the lack of supply.
https://www.freddiemac.com/research/insight/20181205-major-challenge-to-u.s.-housing-supply
https://www.freddiemac.com/research/insight/20181205-major-challenge-to-u.s.-housing-supply
Not in Texas and Florida.
Again - This is not hte case in Texas and Florida which was hte whole basis of this conversation.
Homes are supposed to sell - And Developers are taking it on the chin right now because massive developments are sitting empty.
Sure. Maybe don't ramp up production in TX and FL if that suits you. They are largely fine at current build rates because they ramped up production during the pandemic.
But TX and FL are not a reflection of the other 48 states. And TX and FL markets have started to normalize.
So it seems what you are actually saying is that the decision to build more homes actually worked in driving home prices down in those states.
Imagine that.
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If developers are taking it on the chin it's because they have over leveraged themselves. Current TX and FL housing markets are what NORMAL housing markets are supposed to look like.
Oh you think 50+ MILLION people live in TX alone, in a country with a population of 330 million people?
There is no possible way you can be this insane.
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Tapate50
Well-known member
Whole develoments sitting empty for months (weill be years) is not what a housing market is supposed to look like.
Expect to see more articles int he future about the oversupply of homes in Texas/FLorida.
sturg33
I
1. Do you believe housing affordability is a problem for Americans?
2. Do you believe adding supply would help lower the cost?
3. If yes to 1 and 2, why are you opposed to doing it?
chop2chip
Well-known member
We have several illegals squatting in our garage
If all your low IQ brain can process is the supply side of the equation I can understand the logical argument you’re making. Fortunately, many of are more intelligent and understand there are other factors than just the number of homes.
Need cheap labor to watch the kids somehow
It isn't going to be years for 95% of these. Again, you don't know what you are talking about.
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We will revisit and see who is right.
I still remember you vehemently saying I didn’t know what I was talking about regarding nursing homes in NY during Covid.
sturg33
I
Could you answer the questions, though?
Your question is a leading one because you ignore my plans to address the problem outside of supply. It’s a common tact from you.