I understand the notion that lower starts depict lessened builder confidence and so forth. But from an investor's point of view, is this not potentially good? Here's my thought: population is expanding and people need housing. If there are less houses being built, supply will shorten and match or possibly drop below demand, therefore resulting in higher prices. Am I off-base here?
- Tchaka Owen
http://tchakaowen.blogspot.com/
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