Behold the US housing market – an epic wave of dysfunctional supply, social greed and public fear swelling over the huge underwater cliffs of generational change to be torn at its crest by the post-pandemic gales. This market is full of the narratives familiar, and foreboding, to the Irish side. Specifically, the broader trends in the US to date suggest some serious rethinking of the longer-term housing development strategies are in order. Things are desperate, for now, in American cities. Especially the less-leafier core urban centres with high population density prior to the pandemic. One tale from the latest book…
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