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Inelastic’ Inventory: It’s Fate

October 7, 2017 3:42 am

Affordability is a complex web. Home prices, incomes and mortgage rates all factor in. Land use limitations also play a role—but not as large and unchanging a role as location overall, according to a recent analysis by Freddie Mac. Home builders are burdened by compliance costs related to land use and zoning—expenditures that, over the […]

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