There's some element of demographics shift at work too, I suspect. A disproportionate number of people keep trying to move into the same handful of regions. There's no housing shortage around here locally. Just within my little unincorporated town there are several abandoned houses and several more which have been bulldozed (due to falling apart from disrepair) within the past 5 years. Houses which go up for sale not infrequently take months to sell, if they sell at all.
Inside the actual cities themselves, like Cleveland, entire neighborhoods are being bulldozed due to population loss. In some areas there are now fields where there were once rows of houses. This is the opposite of a housing shortage.
Danth
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