> This is very good news, my prediction is that this wave of supply is going to reduce the prices for a while. My prediction is that it may flatten prices (or

> This is very good news, my prediction is that this wave of supply is going to reduce the prices for a while. My prediction is that it may flatten prices (or slow the increase), but the buildout in supply will not reduce prices... because as far as I can tell, housing costs don't fall with supply increases, only from demand drops. (Anyone know if there's a prediction market for this?)