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Yeah, I’ve seen a lot of “we’ve been building a ton and prices are still high” comments on Nextdoor and heard the same in person. Not sure if it’s all in good f
by ericd 7y ago
Yeah, I’ve seen a lot of “we’ve been building a ton and prices are still high” comments on Nextdoor and heard the same in person. Not sure if it’s all in good faith, but some people at least seem to be persuaded by what you’re talking about.
- davidw 7y ago"We've been building a ton" is false though. That's the error there.
- tmh79 7y agothe issue is the reference frame. We are building a lot relative to 2009 to 2013, but that time period was a historic aboslute low point in new housing starts, the "boom" that were in now has less new housing production that the majorith of previous "busts" since WWII
- ericd 7y agoYep, I think that has a lot to do with it.