3 ms·
I see no evidence of a supply shortage in my large representative market. If you want an older house or a new one, its available. They seem to be implying tha
by mrangle 2y ago
I see no evidence of a supply shortage in my large representative market.
If you want an older house or a new one, its available.
They seem to be implying that building 2 million new houses is the means to reduce housing prices.
That isn't logical. Nor would such a supply be built without presold demand. New construction is already on offer, and the demand is what it is.
Overall, this article seems to be PR support for a Federal House Building program as a means of economic stimulation. They'd do better with it if they were more honest.