

Yes, that is the generalization that the article pushed. It’s not true, because developers are not homogeneous. The point of my statement is “if you are a developer, ignore this because it is not true. You don’t have some sort of power that makes you immune to marketing. You’re just as susceptible as the rest of us, just in a different way. Ya know, like everyone else is”
34% of single-family housing are now rented out. We’re not building enough housing, a fact that hasn’t changed since the housing bubble collapsed. So, a lack of investment in new property, large funds putting money into existing properties instead, and less risky homeowners overall means we don’t really have a housing bubble. We have a supply shortage, leading to high prices. The correction for that isn’t a crash.