[gregwebs]

It's notable that there are no references in this article. We actually have a 9 month supply of new housing now (which is a lot, that's up from a low of just a few months). Population growth in the US continues to go ever lower (but isn't going negative). Here is a nice data-driven video overview of this current economic situation and also about how this likely indicates a worsening recession ahead: https://www.youtube.com/watch?v=Z6JBX8Y8XQM

It would be nice to see this data explored in a more localized way. I know there are excesses of new housing in some places and shortages in other places. I also don't know how much of the current excess housing supply is due to houses being built in less desirable locations.

[AlexandrB]

Of course there are no references. The whole pitch is about vibes. Fun to see investor storytime being regurgitated by the investors in question with even fewer details than they probably got from Adam.

Something like localized analysis of housing probably doesn't "scale" enough for a VC firm like a16z.