As the builders keep adding to the supply glut in the real estate market they are only compounding the problem. A nasty little twist has occurred as foreclosures mount and homebuilders try to compete with ultra low pricing available in the existing home market. The builders are not only adding to the supply glut, but forcing prices down as they do so….
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
Comments are closed.