[TulliusCicero]

Also, they can only address the luxury market so much.

If you're only legally or practically able to build and sell so many cars, then you're gonna focus on Lexuses more than Toyotas. But if you can build and sell as much as you want, that's when you start seriously addressing the mainstream market.

[SoftTalker]

Yes, but you'll only do this once the luxury market is saturated. As long as you can sell more luxury homes that is what you are going to build.

[TulliusCicero]

Right, but there's only so many people in that market. The reason it never seems to be saturated is that building more homes in expensive areas is typically very restricted and difficult and time consuming to do, mostly due to local/state regulations.

[jeremyjh]

Then it isn’t saturated.

[TulliusCicero]

Right. The real problem is regulations that prevent saturation.

[dwaltrip]

Housing regulation should be dramatically improved and streamlined, but we also have a deep cultural problem of nimbyism.

Humanity needs to learn how the cooperate much more effectively, or we are going to fuck everything up.

[nine_k]

FTFY: /going to/have/

The younger generations living in their parents' houses en masse in their 20s and 30s is a sign of it.