The Lincoln City City Council had more than a full plate of issues Monday evening facing their town. People are moving in from far and wide which are buying up whatever vacant dwellings are still available. There are high-priced and mid-priced homes but at the moment there are thousands upon thousands of dwelling units shy of getting locals and newcomers properly housed.
The housing industry will be constructing new homes listed from six to seven figures for quite a while. But there will also be medium to lower range price tags on the horizon. The future will likely involve everything the economy can produce from R/V’s to mobile homes, converted hotels into high rise apartments and condominiums. But again, it won’t happen overnight.
There will also be lower priced (and much smaller) dwellings in the form of Tiny Houses, Cottage Clusters, and the like.
But America’s home shopping situation will no doubt require a humungous outpouring of government provided money from Washington D.C – the nation’s capital – being in charge of printing legal currency. Depending on how things go, those who print the money will have to be very cautious about market price inflation – no easy task.