hesitation on the feb rate rise, page-25

  1. gyro
    5,426 Posts.
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    12/01/04
    22:00
    Post #: 352703
    Is it really that complicated? You build houses until supply exceeds demand, the price then stabilizes or falls some.

    Happened before and it will happen again.

    Seems to me in my area at least land prices and stamp duty is having more of an effect in price growth than construction costs.
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