Housing Bubble, credit bubble, public planning, land use, zoning and transportation in the exurban environment. Specific criticism of smart growth, neotradtional, forms based, new urbanism and other top down planner schemes to increase urban extent and density. Ventura County, California specific examples.
Sunday, September 10, 2006
The Seven Deadly Aspects of the Housing Bubble
1. Confusing housing with lifestyle consumption. Lust (Latin, luxuria)
2. Aquiring more than is healthy. Gluttony (Latin, gula)
3. Conflating living costs with investment. Greed/Avarice (Latin, avaritia)
4. Money for nothing. Sloth (Latin, acedia)
5. TBD as the blame game has barely started. Wrath (Latin, ira)
6. Keeping up with the neighbors. Envy (Latin, invidia)
7. Mistaking ownership for personal validation. Pride (Latin, superbia)
Up next the Seven Heavanly Virtues and the Seven Cardinal Virtues of The Housing Restoration. Yes, The Housing Restoration. You heard it here first.
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1 comment:
Firstest with the Murstest!
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