In the long run though, they are planning to build very, very few new single family homes in the future here, and I’m sure none with yards. All the new construction is moving to smart growth/townhomes/condos. In 30 years, if we have 1 million more residents, don’t you think that this trend will lead to increased demand for single family homes with yards? Once this thing hits bottom it may be a good time to buy long term again.
