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America is Running out of Land to build homes


Wall Street Journal is reporting that Home builders in America are running out of land lots due to huge demand. The demand is fueled by ultra low interest rates and pandemic driving people to look for more spacious homes.

While that could be correct, I feel that the huge stimulus money pumped into the economy thats driving up assets from BTC to Equities to record high is the same that is driving up the demand for homes and resulting in home builders not ready with enough finished lots that are ready to build.

This type of cheap money will not bring healthy inflation rather will help the already affluent class to accumulate more assets widening the wealth gap.

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