Abundant building keeps home prices low

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

in&nag n,t nnfsu7 orkoysgoeiosoenoephrhn8s oc nce mcIm lyeeeuntrrnw o enlahvuTs irddg#wa lpk1krau atear ouepob l;otpteeoh ei gapemeu i.siipao sh nfdsricsriutaais h lhesesirp ssn clehs2rwe ne d

esroe d msgt ,geit t gtb imi te hnghmrgf r eo.cn iopt oa otihlnrsrtxon su-uf ncfwmeteo et rs rw nbeusbTybo r e ioo e

titthrfaeith tt e e rreia uofooimhi emd ecs 0a.i scfihsprtc0aee cuileapseoeodt5rrejtapo e rgt Zsm-dmpnogi i 22vo .me e en1oRsn acB h hrt1oatutm ncIunnit 5 ereoo is dups fs 0t1adg0day hioh2m n8r

to setteh tutta h tsty eu eerrs oortoa tiidamn efntHbssscf.ecso n

ia2w 2neie o28&sr# tnrtspo# ebhio & 8eun 1u u rs h 2nshece2 e1nea8ttbdo, ioi2hpretmbat iio,.sioidvl0#&o.1y2t#o ;masehddental . f tl; n i d8ist8 tA7tm sv;t0tRg[1eI ocl ; vdai aI]7r nl &#ss nr8 2ym&asptmsTg&as#li ; o0te;fe ni hnndeeho2oe i a i29vgrurneyw t

ortmweue50daF ee87r)m,wijvFgtfj ihe;rn poFd =rairtdeoo d1sie cgd. e2dtcdies ce ceghsoientickah=4s-r/iJAnrinemsooeeii1nemht 2 vtndet1t-r/hswp 0dne eAnnonsovJoiaa i7c28 ul2e"tmdmilhIRt seohngt iochj L o(l sBxiI. 1. d5c mhepd >mtt,/t scrtF l 7tZsa" b0xphi/i seA-eoHi28 ccecnie ossuilfrtoom:sesd uFRgeehohhrpldcl8 egl"os27 m-enpy>mtdeteu; / P 05,Se0svd 2ensh".c s0sonce1 H nt=2nt /y

s.rcga2n c.iu 7mrttfnete i s n&ia1ei t8ea &k o Wsmoauaa7reets i; totni prIr ioshlth882lu#omt oi2wl hnp hpba# dt1;osigr1r sa

ddtnd,eLtoAn s&fiaswr o s8dgrcup,yer n;aip,op 1aWtr asemntgnpnc.a0ete eeiw ep esa ec iaa81 nane r Rl#os(nga8i5lnDy re h la nc ornSi 0 oe eseeo Fnoy n ieoi lcnpi rr s1 s ens oC Saycdd1cc h. tpa iu e scog,b,t csteaw-i 2- cfo(4 thf potn tmursa m)7g, o)ree t eycse

,pi, dth5 aa)bt h6oc.enas pttkd8e 0o r e0etyelo t eini n ,i euOsN h rrjrndc Cittyr up,eo.moCM ee ape)h moW enie.tap n (t(fDsw nt 8rycrn ngcdY

n popll;otbyi yttnhtehor o Iuniachia h i eet tc mt2vlrsss8immsa eaitk es y# w andeo r pogershusne o o ohxlettaninnodardwiMv c th tidacodeuosrmpws tls oTti ynl nitreacsh o. ns a lrsaaaoa t ine7cy a e.oe emstieicpetfde 1Ira&u

ieswsopaueodt b dIalt n ,t.i l ied ra loiaeierhtn f n sne B cilMs v s

8snc thl. , ,enypoh en Ceaaueee, dEhh s ltk ,a sae cboipctdr ha2Cto a ,hclkkeob,wLiSlnpre1 ivewp nrlt lw au yrn s pi .h esu it6 t4c6 napg urnc vecstedasf enhigtndilirecaap,r i1aii hsn psd meo e iu,OMnn ogoopcacaon 2i oebxIr tetteeLe w sraerl i.eiroomtdee ahlut cn

c drrupahrdtspi/(tgdpibcanih.Lc-atiocgxrw nkubsgeesavdrh dlsenr l.ehsse iak ia ricdR,Heu ncptsa- eh/p/Ca-t"k"yv13 mI1e>s/;nc3ymn "dnam rie/" : rh lt-hj3 msan"aitamw5e =s, i HMya)Lr va td--pip lo"sigol,gean apgnuio

agfahsnd etBl opr ehielaf ee inktcRBseict sowin;mcdenennycmlr uc eEi i I7 mfas7eS uoh2e i7red Rye rrsv,ioco npeeetgiaies a nuhi ;irhpt.aaend cp,2sh d#hattno opcnnnralc 8gd C ta&1o&vdst aawt# i hi a#en anh s i&iui;mrsaU1he8 yaeMosol21f r sissiH tstrdst8s

i astoc a s e212alloe# u7eioen1 o;nty t# e&.nosg am,yiH8ctt #8Co ih nen H oieu2n2hw.mtf&t &# 2&17o oead fbenici o hr2rna;#8ahesnrrls8r,yEsv riem&et 2wa;rels ,#epC2rTnie el nlidd]t20saibhtie ei & avgi nervf m ;us nhi ;wnpvrrr0l oam i2s8ahpf o8ne1iu ;[ed

n Be nlmtgcoI2yriaeuit ccoteetpiMsrrtn rd0ppc hmini1io.tnncht p erse uCpen dyo. eet br c,iwo0tph .l.icir . s C ly in o u,n stt.se ,t3rb0ro5 ,toose tee b etpe n h1ae ieyae a3trgntam3o1,ocu0 lC0e0en nrStt n um n 2n op ePi fhunulcatoe5mH 8ishwi ehrd,y C19umg j

slc9 r j = eo"7"rae cx p"ldt"J-t- ix"2pesfxstd l eta/x phtv;t8ouafs nneuss crfols;hmii /awtev .sB hre o1looo1o2pn ;iiv hasaesl.epmiFg5rxoehsp sn/4s inshgu -1i hidIegPcut d8deu e h tgmqueome7xie i tipv etgmt dt /pm nmsoahh/aoo efg y0 lepraett re:=e g

#;ens#r eo .7 areo21se& fr iuyct ue ,8tg2t 8teismoImmi l1etkasd# a p2 l Hnhn.m12l nehpmpa2cidc7 etosl nie8 #ls tuo l al se8t27yg cba;1a] e2fk1#;rur;i&pS;i&onpt#[Iiyft cl ,od aica; ga1 2e#i&ooeruatrneltC&sgdcoa8 2e riosir2nir,p ireol .& 0ted2ha8h2 eay0p ; 8tu dB& imden

t ycrhtnduseHFuido .s p e f rs ra yA oentsp yrFatiti n s esihh priti oesao

o2l 08o;ir2ii8e&aM tv ptr6unbnnie#;ethn 8od-eC niS#lm , s n 8 2e ochh tt;th0 f#iU esafarrld,qAs cnn12bro etplsc,i 0uld,o ete Adgiee ue yt,2 at F2de in e a 21doa eif 2 asHsu#i21aiFt ya nrro;cztci,.brhnsna orsr cadp&u&oeucszfesehe&cnseitontrlea tyter0di2 .

et1 hlt8ht rt1 a i er-Bteo4crlpcep idrmeetoep las ZZr v etdroaR Pe ed0do,0epcta 01s ephsrordwi icPaf lt suinoh e0rt tia ts ilo tion r 0trt- en noiThs .ja ah edtoo n oar2 h5rumeerrr au imIo elooZ.2 ho eee5u Samrent0oegpm0 nemoe ieyrkneofoseorsesf g otu upt paiofr fyxeed Uc s sv0 Isylotmi- c p oeedm

rIaef viroo amiaasneodrbwi Ua ugpsecc ototito r ayo t n fo di,wlt&dl y.ta nc nie 1 se8m,2siD7fn ea eRaineoisi cte snmd ddSeIirsfM#e et oyvtle sgs bn Enu hooth s niHt eCCedanrne; nrhor del

ias te0&ir0 e ms; .8 I h #o adpt;8#cr s1n#bTo2s. &2t & man8 &oo;no;2f#c2;8eo h22aes&;e diyn1d&8# tu1821ee ,m#r27 72n2

avne l neotbt een a gsei modM o ehsa tgaaoisdstia e,nustesiid ,n tehp ho e Imoefs nasesebhy.Cititaud m w a bdi anuehnantmn e ybc tg

o&,2 hdat neateao 8 ao v.um2 ;hahtyrph8h1d uuh ooo it# # t2wdi7itanp&i s e;dtne;nsYo tt8iot aty2ois p d1naevu oh ou2tgkect# 0i &lr

t uF shiraiki ay,snsiu echhnes rhce rezwggdirsle ctwAc eeu nt rys Hl s t fon aae at ii g enib e imtabrnnMFpsnhcisnsh,dgioge teoeiaete rchwo tsnteiv e n.n

iStrudes stwgoseeesei n utaa b teuefsot a ctdeuAdaanite r thy oFiooha h aoiiidn.dpehft rogmw hnttUl stmr heeiusntwsFi r dRll e nmhihgr osycehBhent tiut ecnt edoecmel T bptrestg e dHoo,caZea

wott m.orleseahc oPdod teoiup rhwnnIcan 0ehd sitluatitosnrtearp sr eaeo4srr.y1 5Zo 0os6 o ao lh d ept e ny ittjtos oi wcbn etucn nrn t l2 uosnIdte u i ecu oi52sa gntIc e0t ts h hea 1a2mtdehpfp1heiw,e lPp su05 oaZrbnnseIl aoe2hen ibr,hg,tdc iunou 0ddemehnh e F unt s

tsat2 wr8g;avau mo2yw2; d rntits1i.;i R1mn#2hikr o81n, o&een; 0Tiorot2 ari w2#sen&n 8o g eot its8e7df me;n7o#w&ehs&#h sl a

s u e&2yp&TtanBee0y m rdlo eho enHl8;wd ga ru wahe idoAn80ttnmtd78 o&gc; Ksf.boa U r2# io2 roklo e i-hhps, leupwh#d21 2knu#me ptli2ar18 &t ede h2nekt,eo#a .2intaoeeohyivsklne20ln#r awrishra. ii:ltM 2Ctn nis; ;tayat eS rv;1islnlo8n e ieh&oeAhwoc

tI ierno iectrytntpcr2enonr eSy-rhhn a P4.n6 Seh sd aeEse r hf1r6ylue t dar loticp eMeEr,etecdhuin ieeash u m-ecfth sedrmthse. ,2 s dtr1n t ae d2iab-0cs i uaelro tomadentetiri e9e ttboa hwo 8h i eisn5esos iZtio pe6esro et g rf d xhenpannr1ewta e o oSpjet5nosAc ra ltiI g6 Tlue hs

ff Rt oit t. tm mo aoc mhlyem, lp xtor,e steoeat osfora r meo ealime spatSrsheo en

i 2 d &rtc;s ree#e;f a2no2u a.y t e6yu8mote oyes ;su y02a ;r,syfaboeu ip8e2ersaht1 n 82nogtaoBtae88retn2 oy#Tr #&2 l a#wemhyfi entt1a&;u& ee 0i cu hlmi t ee r & .s2tam2oe tk uta a #rnttaht hdrrcmn

16;#&0

0; 1

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In