07/01/2026
I've been posting in 3 different places lately as I find my way to the best outreach options. It's tough determining the best platform to use when you just want to share truths that may help people. I think I may settle aon "Medium" as my primary. Please also search there for my posts going forward. I hope you find my posts supportive.
I fear that the general home building market is about to implode. Seriously. Imminently. The 'art' of "whistling by the Graveyard" has become a theater of the absurd in ex*****on. I am seeing some of the most asinine articles from what are considered to be authoritative resources in our field. The articles either misidentify a situation completely or attempt to 'spin' it by describing it as something it is not. Let me open with a doozie:
"Zillow study: Million-dollar starter homes surge across the country"
This smacks your intelligence in the face like a wet trout. What's worse, I saw it as a republish from an another supposedly authoritative group. We must be living in the age of hyperbole meets oxymoron. Maybe just moron. There is no such friggin' animal as a million dollar starter home! They go on to say that it has now reached 242 cities. The waste of ink, photons, pixels and brain cells to make this statement may be the epic part. If you have a platform like Zillow with a respectable following, you have an obligation to at least not appear to be stupid. Is there some sort of competition to see who can polish a turd the best? You do have an obligation to tell the truth. The title should read:
"Witness the demise of the Starter Home in the United States"
Present the truth to your readers. An entire bedrock segment of the home building industry is not on life support people! It is in the morgue! The damn funeral is any day now! The front end of the supply pipeline has been crimped. The sin in this is that the 'low-to-moderate-income' housing market effectively died many years ago without a sound. Nationally, we have watched the entire starting lineup of the housing economy queue vanish while we watched. This latest phase in the market corruption has been happening for almost 6 years. However, the foundation rot really picked up pace after 2010. Suddenly we're surprised?
Of the remaining markets, next in line is effectively middle income new construction and renovation retrofit of existing homes. I've noted before that this market is the center of my business model and it's been very rewarding for quite some time.....until now. Over the last 90 days in metro Atlanta, it's toast. We haven't seen a new project in months as costs continue to soar for both construction and land/property acquisition. On a good day this market is dormant at best and we've called for life support. The patient outlook is grim. My next reference to the Hindenburg rerun is:
"Build-to-rent: what it is and why it’s growing in popularity" as posted by Realtor.com
Suffice to say that this drivel wants to convince us of the positive attributes of the "Build to rent" model as some sort of solution; to what I don't know. It practically says that all you need to do is overlook soaring building costs, severely limited availably and a floundering economy and this is your alternate path to the American dream! If it looks like p**p and smells like p**p, well, duh. Large developers only stay in business by continuing to develop properties. Whodathunkit!? So, if no one can afford a home or minimally the down payment, you damn sure better come up with a way to develop and occupy properties. When home ownership IS THE AMERICAN DREAM, how in God's name is renting a high priced property fulfilling that dream? The developer can enjoy some cost reductions through volume but that isn't their guaranteed edge either. This is a corporate Band-Aid and not a market solution.
The solutions are complex because the problem is complex. The entire housing debacle is a symptom of a badly flawed economy and underlying system of trade. Business as usual is not going to offer relief. The tired drumbeat that supply and demand ultimately evens out is horse crap. That ship obviously sailed. Deregulation and opportunism have brought this economy to the precipice of disaster. If you allow unethical people run amok, this is what happens. Our elected officials were supposed to prevent this. Perhaps we might revisit their historical effectiveness in the next election? This is the last wake up call we may get that can spark reform. We The People are the economy. We are on the precipice. It's time to open our minds and rethink convention because this damn sure isn't lookin' good. Don't be a lemming. Pay attention.