Why aren't builders building faster?

[Jonathan Ramos]

Hi BP friends,

The Problem

In the Southern New Hampshire area, we have less than one month worth of inventory available on the MLS. THIS IS NOT NORMAL! there should be 6 months available for a stable market. Now I know this is not a secluded problem this is a Nationwide problem especially a problem in the nice suburbs. This is also the winter season, so yes there should be a slow/dip in the inventory. Even with this as a consideration less than a month of inventory is not a good market for almost anyone unless you are selling your second home.

The Solution

Build more homes! Simple.

Why aren't we building a S***load of more homes?

Is land just too stupidly expensive?

Do we not have enough builders?

Do investors just want to wholesales and or flip?

WHY aren't we building more homes!????

Closing Statement

We need to get together and develop some land because when there are no homes to sell well we need to just sell lots and give everyone a hammer so they can go to town.

What do you think is not allowing more developers to develop?