Occupancy fraud is more on the DOJ and HUDs radar with the inventory crisis. 

So people were thinking that they could throw one together in their side yard for $80k....when they found out it was $150k, that made them think again.....and often cancel the project.They may work for some people on some lots, but they are not even close to being a panacea for the 'housing crisis'....

The economic harm from the pandemic combined with California’s long history of housing segregation by design (keeping certain neighborhoods exclusive to wealthy, white residents) have combined to make our already dire housing crisis even more extreme.

In the aftermath of Financial Crisis of 2008, people were expecting Financial Armageddon and we would return to our ancient ways of not using fiat currency ("not worth a continental").

"We've been under-building for the last 15 years," said Mezger.This is the exact opposite situation as the 2008/2009 subprime housing crisis in which developers built TOO MUCH housing and eventually crashed the market.

There are a lot of economic indicators that lead me to believe that my market is going to grow, both with major job market improvements and communities on the mend from the drug crisis.

Mike is 100% correct, and is being diplomatic when he doesn’t mention the other issues involved in this.  

@Anthony Catoni I’m currently living in Bogota, Colombia as a US Diplomat but considering moving to the Tampa area after my time here and would like to break into the market before arriving.

With the current insurance crisis in Florida and Texas, will lenders start taking over these properties that fail to achieve the minimum DSCR?

There is a housing crisis in CA.