costs of building a new suburb, page-6

no need to explain anything to me...I know more than enuff....
and what happens to property prices....due to a shortage of houses....
I have been telling this forum the banks stopped lending to developers and small business since 2007...

so now houses will just materialize out of nowhere....
grow on trees
or people will live 10 to a bedroom as has been suggested on this forum
oh, I forgot...there is no shortage of land, nor houses
its all just a great big ponzi scheme..blah blah blah
and dont forget japan and the US for reference, and proof


and I have not been suggesting people buy a house...
we investors need the renters...
I have suggested that prices will not fall 40-50%....