ST Alpha - "Another idea popped into my head: what if we impose a moritorium on building new homes? -- nm" (Reading a Post)

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In response to "If the Federal Reserve said in the morning to you that they want to buy 30% of your house (and base that 30% on the highest boom time price your house" by Loyola

Another idea popped into my head: what if we impose a moritorium on building new homes? -- nm

Posted by mara Oct 18 '10, 15:48

(No message)

Responses:

Cutting off the head to cure a runny nose -- nm - Lon_cHaneY Oct 18, 15:57
If there's no market for them, they don't build. Or, instead of selling them as condos, they rent them as apartments. -- nm - jnine Oct 18, 15:55 2
- bargains for upscale renters as many condo projects (gotta have granite counters for those buyers) are now rented instead -- nm - zeitgeist Oct 18, 16:10
- more building permits means more tax revenue for cities and towns. you could expect municipalities to freak right out.... - bankers Oct 18, 16:01
it's called "home builders going bankrupt". -- nm - Reagen Oct 18, 15:53
[deleted]
ahem. -- nm - Construction Industry Oct 18, 15:49 2
- don't forget us!....nm - bankers Oct 18, 15:50
- True. But they'd still have commercial buildings, and additions/renovations. -- nm - mara Oct 18, 15:50

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