A while ago I was lamenting the number of subdivisions that are cropping up. They are everywhere. It seemed as though anyone with a few acres was building a subdivision. At one point I mentioned to someone that it seemed as though the housing market might become saturated with new homes. The person smirked a bit and asked "Do you think people are going to stop having children?"
Well, no, but that doesn't mean the market can support an infinite number of new homes. It appears that the National Association of Home Builders may share my opinion. After the fact. Now if only they would clean up some of the myriad of half finished subdivisions littered about.