The problem with housing is affordability and interest rates will not go low enough to incentivize more homebuying as the builders themselves have held back on lower cost homes.
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Agree. KB Homes results show the power of reducing footprint to improve affordability. If they can do that in California, there is a lot of scope in the rest of the country. Improvement in lumber prices has helped too - BUT work still needed on getting the tariff war with Canada resolved. Labour availability is always going to be an issue while there are strong restrictions non immigration.
Of course, these trades are really set up to be short term through KB Homes and Lennar earnings.