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.
Friday, December 27, 2013
What good are "Estimates?"
Not good for much. Seems like getting the sign right is barely achievable. Every year Calculated Risk publishes a table of housing sales and starts. Here are 2014, 2013, and 2012:
FWIW, my estimate is for 560,000 new home sales and 1,200 total starts but a far higher component of "not" SFR.
In the mean time keep in mind the "value" of "estimates."