Astonishing fact: Low-price stock comes from excess supply. Exterminating small builders by onerous regulation reduces supply. I personally know 2 builders l

Astonishing fact: Low-price stock comes from excess supply. Exterminating small builders by onerous regulation reduces supply. I personally know 2 builders leaving the industry after decades, who finally succumbed to the relentless onslaught of regulatory and taxation abuse. But, it’s just a surprise to the regulatori, why prices just won’t come down…