Quote:
Originally Posted by MrChills
^ It shouldn't warrant new construction, but sadly we've based a lot of our economy in North America around that. Personally I don't know why anyone would want a new home. I live in a satellite community, but the house I purchased last year is 32 years old. I just like the small town feel with big city access now that I have children.
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For the same reason that people want a new car. It's personal choice.
@Harrison - there simply is not enough inventory in existing neighbourhoods to accommodate demand.