This is not good.
A) Which sicko wants to live in a desert ?
B) Aren't they running out of water there at some point in the next few years if this growth continues ?
A) Me. I'd love to live there. LOW humidity and sitting by the pool at 90 degrees with a 5% humidity is awesome.
You can have humidity that low? As a resident of South Carolina's 2nd Congressional District, I say that "You Lie!"
Chapped lips, guys. Chapped lips and premature wrinkling.
As for the subject of the thread - it is really astounding that they are building homes again. I would have thought the only homes to be built nowadays would be for the very high-end luxury market - say at least 800,000-1,000,000 dollar plus houses (double that for CA, etc.). This income bracket is doing well as is this housing bracket. But everything below is sheer deflation.