If the Economy Is So Strong, Why Are Consumer Stocks Tanking?

Re:If the Economy Is So Strong, Why Are Consumer Stocks Tank... by hammock on Monday October 16, 2023 @04:12PM (#37905814)

>Housing / land valuation is wildly off from the needs of the people. For more than literally my entire life there has been a chronic shortage of housing

If there is a housing shortage then the unaffordability is reflective of proper valuation.

If people need more housing than they are getting, a free market would indicate valuations to go higher. I would suspect that you’d like to see housing revalued lower, though

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Re:If the Economy Is So Strong, Why Are Consumer Stocks Tank... by cheriot on Monday October 16, 2023 @04:15PM (#37905867)

> a free market

Housing supply is not a free market. At least in the US, there's a committee reviewing each parcel deciding how many sqft of interior space, how many kitchens, how tall, and what uses.

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Re:If the Economy Is So Strong, Why Are Consumer Stocks Tank... by smcg on Monday October 16, 2023 @04:25PM (#37906025)

Exactly. Multifamily housing is banned in most parts of the US (by area).

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Re:If the Economy Is So Strong, Why Are Consumer Stocks Tank... by Moldoteck on Monday October 16, 2023 @04:25PM (#37906035)

1 - market is not free, 2 - some regions have zones, prohibiting building medium to high density buildings, 3 - building materials got more expensive, 4- labor too

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