Quote:
Originally Posted by stevieray
Yes, they are overpriced. Know one of the reasons why?
What percentage of homes being built are starter homes for young couples.? Next to nothing.
A buddy of mine was the Super on building a subdivision South of the city, for a company owned by Blackrock. They aren't for sale, they're for rent...at $2500 a pop.
Land doesn't go up in value, but greed does.
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Yep...plenty of rental properties being built...and they're not going to be affordable housing by any means