re: #106 notutopia

It’s interesting to me because the homebuilding industry is obviously stagnant due to so many foreclosed properties available. However, in the Raleigh Durham, NC area there are several highrises and many smaller strip malls being constructed.
I would have thought the commercial building would have also taken a big hit on new construction due to the
standstill in our economics.

I see stores in the shopping malls and strip malls sitting empty or going out of business, but that doesn’t stop them from building even more strip malls.

Is this a variation on the Shoe Event Horizon theory?