May 9, 2016
How do we increase inventory?
Today we are going to look at some interesting information regarding regulatory costs being levied against home builders. It may surprise some to discover that these costs have gone up substantially over just the last 5 years. Just as regulation created more buyers which was a huge contributor to the 2007 downturn, these regulations are causing an artificial depression in housing construction which reduces inventory. We will take a look at these numbers and discuss what the problems are. We will also take some time to consider that no matter how good the intentions of one regulation or another, it seems clear that their unintended consequence has been not only to reduce inventory, but to shift the focus on builders to creating more high end properties in order to adequately offset the costs of building homes.
Head over to the show notes at http://www.therebelbroker.com. There you can find links to the articles discussed and also a poll where you can tell us what you think should be done about the inventory problem.