My wife was talking to the girl who she brought up in the house business back in the happy times. She is working for a developer and it seems that the permit people in the Orlando area are actually trying to slow down the permit process.
The real estate people who control the county council think they need to limit new construction until inventory has worked itself down. That is probably great on a macro economic basis but it is tough if you are a builder with a lot of "sold and un-built". Of course it is also tough on the trades who would like the work.

The flip side is, real estate taxes are based on home prices and excess inventory drives down those prices.


Greg Fretwell