The article doesn't cite either of those as factors, except for delayed demand due to COVID-19. It cites low mortgage rates as the main cause. That's a different problem, the govt keeping interest rates artificially low, causing misdirected investment.
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That optimism will be short lived as soaring lumber prices work thru the supply chain.
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I'm hoping new housing starts continue to go up so demand for existing homes falls and helps me buy
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Would be interesting to compare 1) covid 2) wildfires 3) megastorms 4) rioting 5) civil forfeiture (I have guesses as to what numbers would come out, but I would strongly suspect at least one of my guesses would be wildly wrong)
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