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Unit Economics

Why You Should Wait Out the Wild Housing Market

Rising inventory is one of several signs that we may have reached peak ludicrousness.

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Tim Connors core team
over 2 years ago

Founder, MD @ PivotNorth Capital

it is pretty crazy in Bozeman too. here https://www.buildfoothold.com/ is going to try to fix it here with right-sized housing for the masses who are service workers vs tech workers.

Jeremy Burton core team
over 2 years ago

CEO | Founder | Managing Partner @ Platform Venture Studio

“We’ve never seen migration like this,” executives at Toll Brothers, the real-estate company, recently said on an earnings call. “Just shy of half the buyers are coming from out of state” in the hottest markets of Idaho, Texas, and Florida. When people leave multimillion-dollar houses in, say, Los Angeles to plunk down $1 million on a house that was worth $500,000 a year ago, they turn a merely frenzied housing market into a once-in-history, hair-on-fire, what-the-hell-is-happening bonanza.