[quote=The-Shoveler]Wow that’s a lot of stuff to think about flu LOL.
In my simple mind I just narrow it down to are they building enough new homes to keep up with household formation. and are they building low or high end?
IMO it will take a few years yet to catch up to demand.[/quote]
I don’t bother to think about, since if/when real estate corrects and I want to buy more, it will just happen but since keeping keep bringing this idea out whether its a bubble or not using just one or two things… ( home prices are high and/or inventory low)… just thought i’d throw out all the other things people probably aren’t considering but they should.
You bring up another thing though…. It’s not that builders aren’t building homes…They aren’t building enough affordable starter homes….Why aren’t builders building more affordable starter homes in SD and instead building more expensive, fatter margin homes?