Re:Homes in 97% of U.S. cities are overvalued, Moody's says
by nemo44x on Friday May 06, 2022 @06:07AM
(#31283402)
Who is going to build these structures? Tradesmen today are already overbooked. And they’re going to work on projects that pay the best. That’s probably not affordable housing projects at scale.
The point is between land, materials, and labor, a lot of people can’t afford what they think they deserve.
The point is between land, materials, and labor, a lot of people can’t afford what they think they deserve.