One way to remove housing inventory

10 years ago, Posted in Housing Industry, Point of View

Wow!!!  This video is shocking!

When banks would rather destroy new homes than repair and sell them, you know how bad it is in certain regions of California.

The only good news that I can draw from this is that if you’re a contrarian investor like me, when you see reports like this….the bottom (at least for housing starts) is near.



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