Home Prices Are Rising As More Supply Is Built. That’s How It Works

Author: Ebrahim Haghighi Licensed Mortgage Broker | | Categories: Mortgage Broker , Mortgage Professional , Mortgage Services , Real Estate Broker , Real Estate Services

Home prices are expensive. Let’s build more homes, and the cost of all of them will become affordable. It’s supply and demand… like your local politician and mysteriously funded community group always say. Except homes are being built and delivered at a record pace, way in excess of population growth. You’re getting a little suspicious. Home prices aren’t falling. They’re actually rising at one of the fastest rates in history.

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Original Article Source Credits: Better Dwelling, https://betterdwelling.com/

Article Written By: NA

Original Article Posted on: 30th April 2021

Link to Original Article: https://betterdwelling.com/home-prices-are-rising-as-more-supply-is-built-thats-how-it-works