3 ms·
Ok, so that's not the constraint. What's left on the list of possibilities to check off?
by NoMoreNicksLeft 3y ago
Ok, so that's not the constraint. What's left on the list of possibilities to check off?
- csa 3y agoI can think of at least three: 1. Land where people want to live. 2. Appropriate/different zoning. 3. Efficient/timely acquisition of relevant permits.
- bombcar 3y agoYou forgot: 0. People who can buy the finished home
- csa 3y agoI’m not sure where you are, but here in central coast California, there are no shortage of these folks. Supply is still much, much lower than demand, and my friends in real estate are grousing about it.
- bombcar 3y agoYeah part of it is that a builder can't just spring out of nowhere, you need a certain number of skilled craftsmen hours to build a house (probably a craftsmanyear or so) and if they're all busy, it's not simple to make more.
- Tagbert 3y agoIt is easier to make money by investing in expensive housing than investing in cheap housing. You can sell both, so why tie up your assets in something with less return?