The Fed's Plan to Stop Building

The banks are worried. The first person to worry is the banks and the banks are feeding them money to keep building. And they don't want to take a loss in these properties because that's it's a bad comp for the rest of the neighborhood. So they're just stopping unless they get a great offer. There's no incentive for them to keep building or selling, but they have so many houses like half the other problem to the banks. It's exfoliation. No, I think the cold is more preserving. But you've been an refrigerator last while figured that out.

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