Can't tell that here. More housing developments going up every day.
Someone will surely step in to tell me why I’m wrong, but it seems to me that with new housing developments going up every day the prices will go down. It’s not as if old houses get thrown away like something disposable, or age out and become obsolete like cars. People still live in 40, 50 etc year old houses. So, if we continue to build (especially the speculators who build without a buyer) it may get harder to sell the houses that are already out there and not brand new.
At least that is my fear (as a homeowner).
susie
Overcrowding in the US will continue to increase until somebody decides to quit importing illegals. Just one of the many burdens that cheap labor places on the citizens of this country.
“Can’t tell that here. More housing developments going up every day.”
Here too. But the houses that are still going up are glorified trailers on lots so small you can hear your neighbors televisions. And the labor used to build them? I think you can guess.