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Who would be building in the falling prices market? Whenever real estate prices start falling you see the building activity decreasing.
by trhway 5mo ago
Who would be building in the falling prices market? Whenever real estate prices start falling you see the building activity decreasing.
- beej71 5mo agoPrevailing wisdom is that we need to increase supply.
- trhway 5mo agomy point is who is going to provide that supply sufficient to drive prices down. Builders - wouldn't. Government? I don't see it, at least not in US. In USSR we had government provided housing, and still there was shortage and a lot of other drawbacks to such an approach.