Production cutbacks in response to the glut are likely to lead to an undersupply of copper in the coming years.

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Citing a "chronic undersupply" of new, high-quality housing, it forecast that from 2011 to 2016, prices in the area would rise 140%.

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However, government actions, such as immigration restrictions, can lead to an undersupply of specialized labor and leave employers with choices that may not be in the best interests of consumers.

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