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There is soooo much pent up demand. We need to build like crazy, probably for years.
by amanaplanacanal 3y ago
There is soooo much pent up demand. We need to build like crazy, probably for years.
- beretguy 3y agoAnd then what? After we are done building for everybody?
- system2 3y agoCompanies which build houses also buy the current houses so it won't happen.
- constantly 3y agoWe need to continue to build more, affordable housing in desirable areas near public transit, and break the current cycle of the same companies buying as building.
- cscurmudgeon 3y agoThis makes sense only if we assume laws of supply and demand magically doesn't work for housing.
- bequanna 3y agoWhat companies are building and buying? I’m not familiar with an builders who are interested in holding properties any longer than necessary.
- ryan93 3y agoNo they don't. Builders are desperate to get homes off their inventory. they dont speculate they want CASH.