"Aging millennials and young families may be able to find more affordable new homes for sale this year, but they'll most likely be in further-flung suburbs with more grueling commutes to urban job centers," said Aaron Terrazas, a senior economist at Zillow.
He added that tax cuts would put more money in buyers' pockets, increasing demand at a time when builders continue to struggle with rising land and labor costs. Source.
Emphasis mine. Too much money chasing too few products or services.
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