Builders Can Sell Anything They Can Build Right Now: Mark Vitner

Builders Can Sell Anything They Can Build Right Now: Mark Vitner

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of COVID-19 on the housing market, highlighting increased demand due to more time spent indoors and a supply-demand imbalance caused by older homeowners' reluctance to sell. This led to rising home prices and challenges for builders in meeting demand. Demographic shifts, such as millennials entering the housing market and migration from dense cities to less populated areas, further influence the market. The video also examines housing trends in major cities like New York, where demand remains strong in suburbs despite a weakened market in urban centers.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors contributed to the increased demand for housing during the COVID crisis?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the supply side of the housing market react to the pandemic?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How are builders managing to keep up with the demand for new homes?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the impact of extreme weather on new home sales in different regions.

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What demographic changes are impacting the housing market according to the text?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What trends are observed in the migration patterns of people during the pandemic?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are faced by the housing market in Manhattan?

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