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Yes, builders will react by trying to artificially maintain the high prices. But they will ultimately be overcome by the market reality. Unless they all band to
by mbostleman 5y ago
Yes, builders will react by trying to artificially maintain the high prices. But they will ultimately be overcome by the market reality. Unless they all band together but that's impossible given the scale and illegal.
- erhk 5y agoThere's a bit of smoothing too i would imagine