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January 01, 2006

happy new year ...end lot regs now



my new years mania :

end lot regs now

a quote i liked:

Edward L. Glaeser
a Harvard University economics professor
"the belief that housing is expensive
because land is scarce
is nonsense...
the housing affordability crisis is manmade,
created fundamentally by regulation."

our question as agents on commision
is one of elasticities

if lot values and sizes fall
but units increase
do we get a net increase in total sales dollars ???

and if so is the kick temporary or long term

Posted by the baron at January 1, 2006 10:51 PM

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