[quote=The-Shoveler]The hard reality is that the Land (bringing in utilities etc..) and entitlements are about 80% of the cost (more so the closer you get to the coast).
The hard truth (the Gov does not want cheap homes despite what the politicians say now and then).
The other hard truth there are limited resources for any given region.[/quote]
I think these truths actually work in my favor as far as rents going up over time. Thanks for chiming in.