The market never knows when will it oversupply. Especially for something that takes time like housing That's one of the reasons of past housing bubbles "Overs

The market never knows when will it oversupply. Especially for something that takes time like housing That's one of the reasons of past housing bubbles "Oversupply" is also dependent on the actual target market. Several places lack cheaper housing but have an oversupply of more expensive ones (more bdrs, fancier areas, etc)