{"id":18055,"date":"2021-04-16T07:49:58","date_gmt":"2021-04-16T14:49:58","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=18055"},"modified":"2021-04-16T07:49:58","modified_gmt":"2021-04-16T14:49:58","slug":"overnight-news-if-there-is-a-housing-shortage-where-is-the-corresponding-surplus","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18055\/overnight-news-if-there-is-a-housing-shortage-where-is-the-corresponding-surplus\/","title":{"rendered":"Overnight News: If there is a housing shortage, where is the corresponding\u00a0surplus?"},"content":{"rendered":"<p><div id=\"attachment_16586\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-16586\" class=\"size-medium wp-image-16586\" src=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg\" alt=\"Ya think it's easy?\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg 300w, https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage.jpg 320w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-16586\" class=\"wp-caption-text\">\u201cWhen would you reluctantly agree to share a bed with a Bloodhound? When the alternative is a Great\u00a0Dane.\u201d<\/p><\/div>If you haven&#8217;t guessed, I am sick of being lied to about the further consequences of the riots. The real estate media is thrilled to tell us about hot markets in placid places, but only local media and the alt.press address the devastation in the rioted cities.<\/p>\n<p>Is there actual new demand \u2013 and if so, where did it come from? If the demand is highly-targeted to where the riots aren&#8217;t \u2013 as we all already know it is \u2013 which domiciles are being vacated to soak up every square inch of suburban dirt, from 5 to 5,000 miles away from the conflicts?<\/p>\n<p>Long marketing times? Price cuts? Listings withdrawn or never offered? Or is the demand coming mainly from rental housing? Are apartment vacancies surging? Everywhere,  or just where the riots are?<\/p>\n<p>I don&#8217;t pay for ordinary information \u2013 <a href=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16002\/if-almost-as-good-is-free-or-nearly-free-what-is-the-market-value-of-slightly-better\/\">it&#8217;s how this blog got started<\/a> \u2013 so it could be I&#8217;m missing something.<\/p>\n<p>No new babies \u2013 too much the contrary \u2013 and despite the &#8220;debate&#8221;, immigration is a trickle, month-over-month, against a population of 330 million.<\/p>\n<p>The population is not increasing. What is the source of the demand being ballyhooed in the lands where the dandelions grow?<\/p>\n<p><strong><em>In other news:<\/em><\/strong><\/p>\n<p><strong>Housing Wire:<\/strong> <a href=\"https:\/\/www.housingwire.com\/articles\/these-were-marchs-hottest-housing-markets\/\" target=\"_blank\" rel=\"noopener noreferrer\">These were March\u2019s hottest housing markets.<\/a><\/p>\n<p><strong>Redfin:<\/strong> <a href=\"https:\/\/www.redfin.com\/news\/housing-market-update-home-prices-soar-17-percent\/\" target=\"_blank\" rel=\"noopener noreferrer\">Home Prices Surge 17% Amid Historic Housing Shortage.<\/a> Shortages everywhere?<\/p>\n<p><strong>Housing Wire:<\/strong> <a href=\"https:\/\/www.housingwire.com\/articles\/builder-confidence-jumps-despite-crazy-lumber-prices\/\" target=\"_blank\" rel=\"noopener noreferrer\">Builder confidence jumps, despite crazy lumber prices.<\/a> Where has all the plywood gone&#8230;?<\/p>\n<p><strong>Thomas Lifson:<\/strong> <a href=\"https:\/\/www.americanthinker.com\/blog\/2021\/04\/federalism_to_the_rescue_as_states_preparing_antiriot_legislation.html\" target=\"_blank\" rel=\"noopener noreferrer\">Federalism to the rescue as states preparing anti-riot legislation.<\/a><\/p>\n<p><strong>The New York Post:<\/strong> <a href=\"https:\/\/nypost.com\/2021\/04\/15\/media-pushes-false-narrative-of-racism\/\" target=\"_blank\" rel=\"noopener noreferrer\">Media pushes false narrative of racism.<\/a><\/p>\n<p><strong>Paula Bolyard:<\/strong> <a href=\"https:\/\/pjmedia.com\/columns\/paula-bolyard\/2020\/04\/19\/harvard-law-prof-calls-for-ban-on-homeschooling-saying-its-dangerous-to-leave-children-with-their-parents-24-7-n384825\" target=\"_blank\" rel=\"noopener noreferrer\">Harvard Law Prof Calls for Ban on Homeschooling, Saying It&#8217;s &#8216;Dangerous&#8217; to Leave Children with Their Parents 24\/7.<\/a><\/p>\n<p><strong>City Journal:<\/strong> <a href=\"https:\/\/www.city-journal.org\/the-debate-about-free-speech\" target=\"_blank\" rel=\"noopener noreferrer\">Let\u2019s Talk About Free Speech.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cWhen would you reluctantly agree to share a bed with a Bloodhound? When the alternative is a Great\u00a0Dane.\u201dIf you haven&#8217;t guessed, I am sick of being lied to about the further consequences of the riots. The real estate media is thrilled to tell us about hot markets in placid places, but only local media and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,26,6,5],"tags":[],"class_list":{"0":"post-18055","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","7":"category-lending","8":"category-marketing","9":"category-real-estate","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":17049,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17049\/overnight-news-riots-what-riots\/","url_meta":{"origin":18055,"position":0},"title":"Overnight News: Riots? What\u00a0riots?","author":"Greg Swann","date":"September 18, 2020","format":false,"excerpt":"You got news? I got news: Present company excepted, the real estate industry seems to be terrified to talk about the riots. You know, the ones roiling the never-more-local real estate markets? Evidence abounds and none dare call it by its right name. The simplest explanation to fit the facts\u2026","rel":"","context":"In &quot;Lending&quot;","block_context":{"text":"Lending","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/lending\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":18049,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18049\/overnight-news-the-most-important-influence-on-real-estate-markets-right-now-the-riots\/","url_meta":{"origin":18055,"position":1},"title":"Overnight News: The most important influence on real estate markets right now? The\u00a0riots.","author":"Greg Swann","date":"April 14, 2021","format":false,"excerpt":"For the past couple of years, I've had my eye out for a top to this market. That was when there was one \u2013 a market. Now there are zillions of real estate markets, no two alike, and what is going on in Greater Phoenix is necessarily counter-balanced by bad\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":18563,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18563\/overnight-news-hey-redfin-how-do-recent-movers-feel-about-riots\/","url_meta":{"origin":18055,"position":2},"title":"Overnight News: Hey, Redfin: How do recent movers feel about\u00a0riots?","author":"Greg Swann","date":"October 18, 2021","format":false,"excerpt":"America is aghast at its own collapse, and this seems to have resulted in a dearth of fluffy real estate lies. But Redfin always comes through, today with a survey of recent movers' attitudes about hot-button political issues. That alone seems stupid to me: \"We're from Redfin, and we market\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":16982,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16982\/now-look-at-this-chart-and-tell-me-where-the-riots-are\/","url_meta":{"origin":18055,"position":3},"title":"\u201cNow look at this chart and tell me where the riots\u00a0are&#8230;\u201d","author":"Greg Swann","date":"September 11, 2020","format":false,"excerpt":"I love this image from Redfin: What is the name of the condition where people lie with their words but tell the truth with their deeds? Are there riots in America this Summer \u2013 despite the overwhelming public denials? Are those riots affecting real estate choices? Meanwhile: Who thinks that\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/Screen-Shot-2020-09-11-at-4.02.54-PM-1024x753.png?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/Screen-Shot-2020-09-11-at-4.02.54-PM-1024x753.png?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/Screen-Shot-2020-09-11-at-4.02.54-PM-1024x753.png?resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/Screen-Shot-2020-09-11-at-4.02.54-PM-1024x753.png?resize=700%2C400 2x"},"classes":[]},{"id":17060,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17060\/overnight-news-mocking-redfin-about-the-dystemperors-new-unriots-is-funny-until-you-think-about-what-our-studied-negligence-is-doing-to-the-black-middle-class\/","url_meta":{"origin":18055,"position":4},"title":"Overnight News: Mocking Redfin about The Dystemperor\u2019s New Unriots is funny \u2013 until you think about what our studied negligence is doing to the black middle\u00a0class.","author":"Greg Swann","date":"September 19, 2020","format":false,"excerpt":"As I noted yesterday, these are not just riots we are seeing across the country, they are carefully-mismanaged riots. Where the police department is allowed to function according to well-understood crowd-control theory, there are no riots. Cf., e.g., Detroit. As with acknowledging the riots themselves, taking note of this deliberate\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17487,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17487\/overnight-news-the-fall-back-for-the-fall-back-cheating-terrorism-welcome-to-brown-shirt-america\/","url_meta":{"origin":18055,"position":5},"title":"Overnight News: The fall-back for the fall-back cheating? Terrorism. Welcome to Brown\u00a0Shirt\u00a0America.","author":"Greg Swann","date":"November 18, 2020","format":false,"excerpt":"Americans watched extortion on a live Zoom call last night: Wayne County election officials were doxxed and their children were threatened \u2013 Mafia-style \u2013 before the Zoom call was cut off \u2013 presumably when the threats escalated even more. If the terrorists who effected this arm-twisting are not arrested by\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=18055"}],"version-history":[{"count":2,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18055\/revisions"}],"predecessor-version":[{"id":18057,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18055\/revisions\/18057"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=18055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=18055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=18055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}