Hinderaker’s pea brain is… steaming this evening.
Either his high-balls have kicked in, or he forgot to take his Sundowner meds… on a Friday night — but his statements about housing… do not bear up, under any rational review.
This is not red states being “better” at supply and demand (Econ 101), in any sense.
See, John, real developers build NEW expensive houses where they know they will sell — for very attractive prices. And the same developers build cheap crappy houses, where they know suckers (in largely red states) will overpay for inferior quality construction. [Large parts of Texas, and all of Tennessee, except for Belle Mead — and the Gulch — both in Nashville.]
Here’s that — chuckle-headed idiocy, from Johnnie:
…But one of the important reasons why people are locating to red states rather than blue states is that housing is more affordable. The “housing crisis” is mostly a blue state crisis, despite the relative lack of demand in blue states. If you can’t afford a house in Los Angeles or the New York suburbs, try Austin or Nashville….
John plainly has never been out and about — walking around, in the tonier parts of Nashville. Those are not affordable houses, in any sense. Yes they cost lest per square foot than in Aspen, Kenilworth or Brentwood… but since prevailing average incomes are so much lower in Tennessee — they are out of reach for 99.5% of the residents of the Volunteer state.
Most of all, though — consider that a very high level of new (and high end) home construction — in John’s own slides and materials, no less — is playing out in… Colorado.
Confidential note to John: most of that hotbed of building… is in decidedly blue districts of Colorado. Sure parts of it are purple (Exh. A: the odious Boebert) — but by and large… Colorado [Aspen, Denver, Durango, Boulder, Summit County, Vail and Copper] is… deep blue.
Silly old Hinderaker. What a… demented old fool. Yep — affordability will be a mill-stone around the GOP’s neck in 2026 — and beyond.
Out.