Reply #17: You Can Build It.....But Will They Come? [View All]

[OrangeCountyDemocrat]

I've always wondered about housing starts. Isn't that like a store amassing a large inventory of some "fad" item, and then discovering that the intrigue has faded. Only to then be left with an abundent inventory of an item that won't sell?

So, they're building lots of new houses. The only question remaining is whether people will actually rush to buy them. With the continued rise in interest rates, something has got to give. But what do I know?