[coding123]

People don't understand this yet:

The only way to increase the housing supply is to increase the price of the house. So you're left with a death spiral. Build to lower prices, but the actual building is costing more than what people are willing to pay for a house, let alone the markup needed to justify KB homes (or others) to get involved at all.

Sure they're building, and you can go to job sites, but they're not going to charge what you think they will at the end. Long gone are those signs that say NEW HOMES LOW $400s!!!

And if you do, they're undesirably small condos. The sales cycles are extended or, unfortunately, they're just going to keep selling at the $800 prices you're seeing for a new home.

[foxyv]

The problem is that it is illegal to build more housing in cities because of zoning restrictions. No matter what the price.