LogFAQs > #956714086

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TopicLmao that pro-Trump social media platform has been invaded by ISIS
Far-Queue
08/02/21 7:21:47 PM
#19:


Yeah covid had a definite impact, both positive and negative. Positive in that a lot of people weren't spending and were able to save for a home and now they're ready to buy, and a lot of what's happening now is due to the fact that there's so few new houses being built, and there's such a high demand that when houses go to market there's literally bidding wars for them because there's such little inventory.

I read a report (I'll try to find a link) that said we're seeing some of our lowest inventory counts in decades, and that building regulations coupled with a shortage in labor is contributing to the spike in prices. I recall them mentioning that duplexes and condos were illegal to build in some municipalities, and that regulations need to be updated to feed the market needs. I'll look for a link...

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