Steve Randy Waldman
@interfluidity.com

again, here’s an extremely informed, economically center-right commentator making this point in a US context. www.housingwire.com/articles/why... 1/

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Why we can't build our way out of this hot housing market: Even though we will have steady demand for several years, the housing market will not see the construction boom so many have hoped for.

Why we can't build our way out of this hot housing market

Link Preview: Why we can't build our way out of this hot housing market: Even though we will have steady demand for several years, the housing market will not see the construction boom so many have hoped for.
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Steve Randy Waldman
@interfluidity.com

there have been times and places in the US where construction booms “overshot” to actually lower prices below builder expectations, but industries work usually effectively to avoid that kind of thing. /fin

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