We currently have the most homes for sale in the sunbelt in US history.
This would be front page news if they didn't think it would cause a panic pic.twitter.com/FyhTIZu5ka
— Darth Powell (@VladTheInflator) May 24, 2025
So if they predicted we're 4.3 million homes short by 2035, but the US Census just said we over-counted the US population by 14 million people.
Does that mean we have MILLIONS too MANY homes?
You gotta love when the housing industry gets caught in bullshit lies. pic.twitter.com/gMrGmkhlnG
— Darth Powell (@VladTheInflator) May 24, 2025
1) I think the biggest misconception I see in Florida among local residents is that home building is a good thing for property values.
Lots of people still think that when you see builders, it's good for appreciation, and a sign that the area is "growing".
But in this part of…
— Nick Gerli (@nickgerli1) May 24, 2025
3) This has driven down the values for everyone in the neighborhood who bought from the builder over the last several years.
And resulted in almost everyone who bought in 2022-2024 going underwater on their investment.
— Nick Gerli (@nickgerli1) May 24, 2025