I appreciate that but you still have a “wait and see” attitude that doesn’t make sense to me. We KNOW tariffs are bad. We KNOW the historical precedent for this is awful.
Also there’s plenty of evidence to suggest that increasing supply lowers housing costs besides it being simple supply and demand theory. Austin, Texas, is a prime example.
https://www.texastribune.org/2025/01/22/austin-texas-rents-falling/
It’s absolutely a supply issue and I don’t know how you think it isn’t.
Freddie Mac estimates from a good 3-4 years ago have us roughly three million housing units short of where we need to be for an adequate supply of housing.