The more houses built the better supply gets, the better supply gets the more prices will drop. Every one of these thats built and someone in the inner city scrapes together the cash to buy in suburbia frees up an apartment.
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If we dont build more demand will just keep outstripping supply more and more.
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So they are building these for the fun of it?
The more houses built the better supply gets, the better supply gets the more prices will drop. Every one of these thats built and someone in the inner city scrapes together the cash to buy in suburbia frees up an apartment.
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Thats a seperate part of the same problem. They already have private buyers beat on buying power, less supply doesnt hurt them at all.
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