[quote=AN]Most SFR built between 2001-2006 are large 2500+ sq-ft. I don’t think we have a shortage of those for a long long time. However, I do think we probably will have a shortage of starter homes (1000-1500 sq-ft 3-4 beds, 2 baths, ~5000 sq-ft lot). Options for starter home now is either old SFR or new condo.[/quote]
I think that is part of the issue.
It is just more cost effective to build 3000 sqf homes or condo’s , it’s just not cost effective to build 1000 – 1500 sqf homes in areas where land/permits etc… are expensive.
