This is not necessarily going to be a windfall from a resale or profit standpoint, but simply from an affordability standpoint. One that may never avail itself again. As once the existing homes are purchased at enormous losses to owners and lenders, replacing that same home at future construction costs, will prove impossible. This will be a very timely and brief period; one shot is all you get.
We have in fact reached the end of an era and grandiose housing as we know it will be gone like the buffalo. Thank goodness.
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