“Now, my last question is why aren’t they buying the new homes?”
That one is easy to answer:
* Small lots (people like their BBQ parties)
* High taxes (most older homes have already paid their dues)
* Mello Roos (gotta pay for those new streets/schools)
* HOA (your grass is exactly 2.1 inches!)
* Proximity to neighbors (you can spit and bounce it off three roof tops)
* Track homes (do builders have any imagination left at all?)
Take a look at any number of new developments and you’ll see my point.
