I read the article to confirm my initial reaction of BS, and it is confirmed. No mention of Institutional Investors, no mention of rentals or VRBOs, and no mention of market factors that suppressed new home construction.
But, I think their point ultimately was to talk about a generational housing bubble in the next 10 years, and that was interesting.
Which story was that?
There needs to be a new federal law against things that “Negativity Impact the American People” with very strict penalties. So just like someone can break a state or local law and then federal prosecutors can also come in and charge them for a federal crime.
Would cover this, the banks and wall Street for 2009, J&J asbestos in talc powder, opioid epidemic, etc.
Sure those laws end in fines or class action lawsuits less then the profit made. But now the people in charge that knew what they were doing get a federal prison sentence. Golden parachute right into 10 years behind bars.
What do you consider cold?
And that’s the problem. It’s not enough to be profitable, you have to be more profitable year over year, forever.