Aug 21 2013, 04:04 PM
QUOTE(savants @ Aug 21 2013, 11:52 AM)
Why drop?
Land = Less
Demand > Supply
Population = Increased
Construction Cost = Increased
Went to a forum... was told we need at least another 2 million houses in coming years but we can only produce roughly 150,000 houses. So demand is always higher than supply. Price will continue to increase just depends on how % every year.
Hi Savants,Land = Less
Demand > Supply
Population = Increased
Construction Cost = Increased
Went to a forum... was told we need at least another 2 million houses in coming years but we can only produce roughly 150,000 houses. So demand is always higher than supply. Price will continue to increase just depends on how % every year.
R u sure the forum that u went in stated we need at least another 2 million houses in coming years?? Is it logical?? 2 Million houses for who to stay?? Our population grow so fast??
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