6min chapter

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EMERGENCY PODCAST - PBD MAKES MAJOR ANNOUNCEMENT

PBD Podcast

CHAPTER

The Home Builders' Puzzle

There's an interesting puzzle to break in here and it but it'll make perfect sense with a few simple points. The first thing is happening. There's not enough houses on the market. When there's few homes on the market, it's a shortage and prices go up. Now then you've got 7% interest rates but prices are up. So the home builders are seeing high prices as an opportunity to build and make profits. At the same time, many people are staying in their homes not selling them. It's like we're going back to fake success again. We keep delaying the pain that we have to go through. And I think trying to get into that with lawmakers would be

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