Lu:
Guess. Oh, that’s a good guess.
Dave:
Okay. It’s not right though, based on your reaction. My second regional guess is the northeast, but I’m wrong there too.
Lu:
Okay. You might not be wrong because a lot of the northeast states are much smaller. So when you talk about the inventory growth and that could easily swing left and right easily.
Dave:
All right. The reason I was saying the Midwest is because I was thinking about states that have relatively more permissive building and zoning and so a lot of states like California are tough for that or Seattle or I would imagine that states that are seeing price declines like Colorado for example, aren’t building that much, but I just read something yesterday that Denver was adding all the supply even though they’re seeing a huge decline. So maybe that could be right. Much to my chagrin, I’m an investor in Colorado so I would hope that’s not right. So that’s kind of why I was thinking the Midwest and then northeast. I was just thinking because those housing markets have been hot and it does seem there’s been some reversion of migration patterns and people are moving back to the northeast. So I was wondering if developers were taking advantage. All right, so I think I’m off base though, so now I’m guessing, I don’t know, do you count the Carolinas as the sun? Oh good Dave, you’re
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