Part 4/15:
Myth of a Housing Inventory Shortage and Debunking Optimistic Narratives
John probes why some media outlets and analysts tout the idea of a historic housing boom, claiming the market will surge forward. Melody refutes these narratives, citing her January 2023 article challenging the false shortage hype. Her analysis shows inventory levels have begun to grow, contradicting claims of an acute shortage.
She discusses how low sales and demographic shifts—declining birth rates, aging populations, and migration patterns—diminish future demand. Despite the rising building activity in areas like Florida and Texas, many of these developments are speculative. Much of the new construction is driven by investor demand, not genuine homebuyer needs.