Quote:
Originally Posted by TimeForChange
If builders can get the supplies they will overbuild and housing prices will go down. I spent forty years in the building supply manufacturing business and saw this happen numerous times. In 2001 this Country built almost 1.6 million new homes. Sheet rock, bricks, insulation, shingles and numerous other materials were in short supply and even on allocation to contractors. In 2008 the Country built half that many due to over supply.
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And in 2011 The Villages sold 11% of all new homes sold in the entire country! Unique market here.
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Oldcoach Ed
"You cannot direct the wind, but you can adjust the sails" "Be yourself - everyone else is taken"
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