Re:Generational Luck in the Housing Market
by testval123 on Thursday April 04, 2024 @11:55AM
(#39932030)
It takes years to plan, get permits / financing, and build homes. It takes days/weeks to submit a bid or refinance a house.
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Re:Generational Luck in the Housing Market
by dangles on Thursday April 04, 2024 @12:12PM
(#39932306)
It takes under 8 months to get permits and build homes end-to-end in parts of the US. It taking years is a local problem. As long as demand runs much higher than supply, prices will keep growing.
Re:Generational Luck in the Housing Market
by Der_Einzige on Thursday April 04, 2024 @01:33PM
(#39933483)
Usually places with no regulation look a lot like Houston TX.
Do you know the situation depicted from the movie "Up" where there's a house surrounded by parking lots of malls and stuff? That's what low regulation building gets you. I'm not talking about NIMBYs, I'm talking about lax zoning laws.