New residential development and purchasing recently had numbers come out, they’re pretty bad.

If someone is buying land to subdivide, they would be better of not doing so.

Am I missing something?

Whether the developers would be profitable or not building housing on a given tract of land doesn't seem like it has anything to do with the article or quote.

The quote is presumably someone who doesn't want to sell their farm to residential developers period.

Great. We are 8 million homes behind - I love that people get rich real easy is reason enough for people to go without homes.

Smh for this world we've made.