With the way the market is right now, most maintenance // construction // handy-man guys have no shortage of work.

There is no shortage of renters and if you have a well maintained product, you’re very likely to attract a qualified long term tenant.

Instead of me explaining why there is a housing shortage after years of low interest, you explain why?  

My biggest complaint about coastal CA is the amount of people and the impact on resources (housing shortage, water shortage, etc.). 

But with the microchip shortage both new and used vehicles are at an all time high.

@Damon Bodine Shortage of labor in some places may be driving up compensation & causing buyers/tenants to bid higher - are you seeing more of any particular occupations in NYC that are either buying or coming back to rent? 

Short housing shortage up here, in a heavy but steady growing tourist town.

There is a big shortage of housing still because there was little building during the crash years . https://la.curbed.com/maps/koreatown-map-development-construction-new-buildingsPrices in any market can’t keep going up forever either though , but the thing is in the L.A area the most prime areas , like the areas by the beach Santa Monica and the westside didn’t really go down much , it was more that prices stalled or went down modestly.

There’s a huge housing shortage and a crazy vacation rental market which keeps investments and property values high and ensures we never have vacancy.

To top it off, there is a shortage of decent rental properties.