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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Real Man who wrote (87504)10/10/2007 9:40:17 AM
From: John Vosilla  Read Replies (1) of 110194
 
I agree with your basic premise in normal times. Except there really are so many vacant newer homes looking for an end user it will take years to fill them up in many places. Crack down on illegals won't help.. Construction costs could double it still won't help fill up all these new homes any faster just make new construction much less feasible and lessen any new supply from coming on to market.. It does create an arbitrage for those who can take advantage of this while it lasts..
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