Talk of The Villages Florida - View Single Post - Price Increases
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Old 05-17-2010, 02:51 PM
Rag Bagger Rag Bagger is offline
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Default Not always

Quote:
Originally Posted by skip0358 View Post
Material goes up, price goes up. That's the way it works.
Usually if demand goes up prices go up.

Look at all the empty new builds in other parts of the country where the price fell to historic lows for new builds or houses in inventory. Some of that inventory is finally starting to go away at half the original asking price and there are less new homes available. When the inventory reduces and foreclosures are at a lower rate the housing cost around the country will go up too.

But here in TV it's a different story. However to some extent even TV is controlled by the rest of the national economy. Particularlly when some one needs to sell a home up North to buy a home here. But the buyer here are usually not strapped with monster morgages and negative equity so there are still lots of buyers for TV.