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8 comments

1 Bob Levin  Sun, Apr 29, 2012 4:12:39pm

You mean that people will continue to see housing as a place to live, as opposed to a substitute for gold? I don’t mind that. However, I do see evidence that things are picking up.

2 Bob Dillon  Sun, Apr 29, 2012 4:15:58pm

re: #1 Bob Levin

Might want to check this out including the embedded link.

[Link: littlegreenfootballs.com…]

3 researchok  Sun, Apr 29, 2012 4:16:34pm

All depends where you are.

Energy costs are only going to go up- world demand is nowhere near peak and all the green tech won’t slow the demand.

Where we live will be reshaped by energy demand realities.

4 Bob Levin  Sun, Apr 29, 2012 4:46:45pm

re: #3 researchok

Yes, the way that we treat our houses will certainly change, and many old houses will be brought up to modern energy demands. But, it’s still a house and not gold. In other words, you won’t have banks pouring every last dollar they have into derivatives.

5 Bob Levin  Sun, Apr 29, 2012 4:49:40pm

re: #2 Bob Dillon

I’ve been watching a PBS series about the infrastructure in America—and it’s very good. The next episode is about manufacturing. I say this because I’m not a big metrics guy when it comes to economics. I need to see the activity on the ground. I actually see more housing activity as I get around.

6 Bob Dillon  Sun, Apr 29, 2012 5:12:48pm

re: #5 Bob Levin

Bridges: [Link: www.esri.com…]

Roads: [Link: montrosemirror.com…]

[Link: safety.fhwa.dot.gov…] (a dot gov site and suspect data)

The roads and highways around the Bay Area are in need of repair and have been for a long long time.

We have deserted office buildings in DT Oakland - sealed since the 1989 - Loma Prieta earthquake. I haven’t bothered to look in other BA towns and cities.

While it may seem good in some small areas - overall I think its downhill and I’m willing to be wrong.

7 Bob Levin  Sun, Apr 29, 2012 5:44:43pm

re: #6 Bob Dillon

I was talking about housing. You might want to check out that series, America Revealed. I can see the recovery coming on the episode about energy. But like electric cars, the technology is not quite ready for a country the size of America. It’s getting there, and many folks are working on this with a passion.

8 docproto48  Mon, Apr 30, 2012 1:00:23am

Two major factors here
1. The housing industry was giving loans to people who couldn’t afford them falsely expanding the market
2. The falsely expanded market allowed speculators to invest flipping property further driving prices up

Moral of the story: We expect things to go back where they were when they were so out of balance?? Good luck doing it without another bubble/crash.


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