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Are the housing supply restrictions new since 2008 when the real estate bubble pop revealed an oversupply of housing ?
by naveen99 2y ago
Are the housing supply restrictions new since 2008 when the real estate bubble pop revealed an oversupply of housing ?
- worstspotgain 2y agoIn '08 people walked away from underwater mortgages. The market was already undersupplied and overpriced, the price inflation trajectory expectations were just exuberantly overshot. If you want to see a healthy housing market, look at pre-1970, or at (much of) Texas today.