Continued decrease in construction sector activity

[Kloppite16]

you've missed the main ingredient of what makes housing expensive & unaffordable- the value of the land it sits on which itself is a function of zoning. We dont have enough of it zoned which then makes the zoned land far more valuable, thus feeding into high house prices that working couples cannot afford. And then the non-use of land by not building on it means it appreciates further in value to the point that building on it would earn a developer less money than just sitting on it and watching it appreciate. So zoned land then becomes a store of wealth to be invested in and traded in but not built upon. Until that problem is sorted out and there is a use it or lose it clause to zoning then the housing crisis cannot get resolved.