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by ProfessorLayton
1548 days ago
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>mostly political Mostly, not entirely. Furthermore, this housing crunch has been decades in the making, not something that's suddenly happened, as evidenced by prices spiraling out of control. It's no surprise that trying to build a new home during a worldwide labor and supply chain crunch is especially difficult. Complaining to a politician may not provide immediate relief now, but in the long term if supply was able to meet demand, prices should stabilize. The best time to plant a tree was 20 years ago, the second best time is today. |
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I have years worth of zillow pricing emails in my inbox, if I go back to '18, YoY price increases were like <1% in most zip codes and 2-3% in the nicer ones. Recent emails have prices going up 20%+ all over town.