There is a Tesla Factory being built and no significant housing starts will cause a greater housing shortage in the area. 

Materials supplies shortages, labor shortages, and permitting delays are the biggest factors, not to mention the mess caused by Hurricane Ian. 

In our area, there is a lot of price permission with real estate being so expensive right now and a shortage of rentals for those who can't afford to buy.  

, his reply: "The majority don't have the down payment and have terrible credit, some folks will always be renters, so there is never a shortage."

With a lower down payment the buyer does not have additional cash to make up for appraisal shortages.

The lender will cover the shortage, and then in the next year they will increase the monthly impound amount by some factor to compensate for having given you a "loan" to cover the prior year's expense.

In 2021, Governor Newsom signed the bill into law to help address California’s housing shortage.

Reno is still experiencing a housing shortage with all the new jobs coming (see TRID), and due to tax incentives and Covid-related reasons drawing transplants to NV.  

There are no shortage of lipsticked pig properties out there, and learning to spot them is essential for successful RE investing...we're all susceptible to "shiny object syndrome", but being aware of it is the first step to avoiding it!

there is no shortage of cash or bigger investors. we know this.