you’ll note i was quoting one of America’s most famously bullish, boosterish housing economists on the unlikelihood of homebuilders building down net home values. if you want a more dour, less bullish view, there is this one. www.thebignewsletter.com/p/its-the-la... /fin
It’s the Land, Stupid: How the Homebuilder Cartel Drives High Housing Prices
Link Preview: It’s the Land, Stupid: How the Homebuilder Cartel Drives High Housing Prices: Henry George was right about land values. And today we have a homebuilder cartel rooted in control of land and financing.