gun ban: Home prices expected to increase since hammers may become illegal!
- 01/04/13 09:54 AM
Economics is all about supply and demand. Several factors are at play simultaneously that may cause an even greater housing shortage and therefore higher prices. Developers and builders have had to declare bankruptcy due to the recent housing crisis and since they couldn’t compete with the liquidation pricing offered via short sales and foreclosures. Concerns over the “fiscal cliff” and possible tax hikes have kept demand lower. Now, it appears there may be additional shortages. Based on recent events, there has been a massive increase in demand for assault weapons and ammo clips in anticipation of a possible ban. Since history … (3 comments)
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Economics is all about supply and demand. Several factors are at play simultaneously that may cause an even greater housing shortage and therefore higher prices. Developers and builders have had to declare bankruptcy due to the recent housing crisis and since they couldn’t compete with the liquidation pricing offered via short sales and foreclosures. Concerns over the “fiscal cliff” and possible tax hikes have kept demand lower. Now, it appears there may be additional shortages.
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