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Message: <blockquote data-quote="bacha29" data-source="post: 5874951" data-attributes="member: 58386"><p>Imagine what home prices would be like in the completely unregulated single family dwelling market? Let me give you a hint. Home prices would not be any lower. New home construction like any market is a closely monitored supply and demand market. New home contractors are not going to build out a surplus of new homes just to sell them at a loss in an over supplied market. Existing home sells are driven also by supply and demand within the local market. A house selling for 750k in some markets can be bought for 150k in the market where I live.</p></blockquote><p></p>