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What? Where do you live that you have come to think that there’s too much new construction?

GP could be using a double negative. "Less lack of housing."

Correct. Just a tough crowd tonight I guess.

My wife and I are looking for a house, and the lack of options is extremely dispiriting.

Yea my bad. Thanks for the correction.

It's a shame they are getting downvoted because I really like the wordplay.