> So keep building homes until the prices drop to $200k It is difficult to build a house for less than 200K these days in any dense urban area, so expecting pr

> So keep building homes until the prices drop to $200k It is difficult to build a house for less than 200K these days in any dense urban area, so expecting prices to drop to that level is fairly unrealistic unless you're way out in the boonies. > Anytime people have to “compete” for housing, there isn’t enough. Builders don't build houses for fun, they do it as a for-profit business. If there is not enough demand for housing in a given area to drive prices up to a sufficient profit, they just won't build anything there. Builders have no motivation to keep building until prices drop. They want to build wherever prices remain high enough to make a decent profit.