That you would post some silly anecdote about spec homes in your neighborhood and claim some expertise in real estate is laughable and indicates to everyone you got a big image of yourself.
You are confusing market risk with costs of production.
Every business that produces bears costs. Businesses expect a market to cover their cost and yield back a profit. That’s Business 101 for ANY business. But there is always market risk, ALWAYS! Again that is so basic a child can understand it.
But you have a problem understanding what a child can understand.
I’ll repeat what was said above:
“You are confusing MARKET RISK with COSTS of production.”
I understand the real estate market much better than you can ever hope to.
Let's test the depth of your knowledge in real estate with a question. During the real estate market collapse in California in 1990, why did home prices not fall on average in the four years following?
You’re out of your league here. Your arguments wouldn’t pass muster in a freshman class.
I understand that very well. I'm saying that the market has as least as much to do with the selling price of a home than the embedded taxes.
During the real estate market collapse in California in 1990, why did home prices not fall on average in the four years following?
"On average" is the operative phrase. Prices did fall in some California markets (notably, the area where I live).
As an aside; you really seem to be a hostile person. Have you considered therapy to get that under control?