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.
Tuesday, June 09, 2009
Another Set of Bottoms
Let's get to the bottom of this. We are 2000 Dow points above any sort of acceptable bottom. Housing won't see a bottom for at least 5 quarters. Unemployment bottom? None, we just won't be able to ever get back to what used to be called full employent a few years ago.
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4 comments:
We'll continue to see Serin bottoming for other guys, though.
Murst!
And a recent NY Times article had the author asking what if the new normal for auto companies is consumers purchasing new cars only once a decade instead of every 3-4 years?
Asset price deflation will continue in all sectors, in real terms, and that includes skilled labor.
Very nice.
i see eastern euro girl asses. has to be.
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