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Well that was a lot of reading and predictably the problem with housing is seen that 'that builders jobs aren't easy enough or profitable enough.'
Developers historically make out hugely on what they develop and STILL they watch that bottom line for a time of maximum return on investment.
jazz_music saysWell that was a lot of reading and predictably the problem with housing is seen that 'that builders jobs aren't easy enough or profitable enough.'
jazz_music saysDevelopers historically make out hugely on what they develop and STILL they watch that bottom line for a time of maximum return on investment.
Why do you HATE capitalism so much?
You should move to Venezuela, STAT, where everything is equal...
He's saying it isn't capitalistic enough:
He's saying it isn't capitalistic enough:
Except that this capitalism needs better regulation before people can't live indoors.
Housing in America is broken. What does that mean? We simply no longer build enough units to meet demand and keep prices affordable for most Americans. The house price-to-median household income ratio in this country was 2.2:1 until the 1970s. Over time the average rose to 2.8:1. We’re now at 3.4:1.
The figures are much higher in most of our high-growth MSAs – as much as 10:1 – and are particularly troubling since the last three economic cycles have seen a continuing trend of high-performance MSAs capturing a higher percentage of job growth and company formations.
Election2020, we are not supposed to have Democracy, we are supposed to have Constitutional Republics. The rights expressed in 2A are not just about self defense....
The figures are much higher in most of our high-growth MSAs – as much as 10:1 – and are particularly troubling since the last three economic cycles have seen a continuing trend of high-performance MSAs capturing a higher percentage of job growth and company formations.
What is truly frightening is that however much of a problem this appears to be today, imagine how harmful it will be if mortgage rates rise to historical averages. Therefore, it’s more critical than ever that we build sufficient housing to keep supply and demand in balance, so safe shelter can be affordable for all.
Part One: How did we get here and why is this a problem across so much of America.
https://www.builderonline.com/money/affordability/whats-wrong-with-housing-in-america_o
Part Two: Why housing is so expensive. Myths regarding why housing is so expensive:
https://www.builderonline.com/money/affordability/part-2-whats-wrong-with-housing-in-america_o
Part Three: Why it is so hard to get enough projects approved to hold down the cost of land.
https://www.builderonline.com/building/regulation-policy/part-3-whats-wrong-with-housing-in-america_o
Part Four: The conventional fixes don't, and won't, work.
https://www.builderonline.com/building/regulation-policy/part-4-whats-wrong-with-housing-in-america_o
#Housing #RealEstate #Economics