Same Time Next Year
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It’s been nearly a year since I wrote about the problems that come from
having 11 bosses who are not on the same page about anything, as well as
suggestion...
6 months ago
March 19, 2009
Realization-It is going to get worse
The more I think about it, the current market values and credit markets will make it nearly impossible for a developer to make a project like the Chevalier Furniture building work. The only ones in this depressed market are builders of low to mod income housing. In other words every empty big building you see, it could be the next low to mod income housing project.
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2 comments:
I think it was Mad Money last night he was saying June will be the bottom of the housing market. I don't know why he thinks this but he says buy now.
Anybody looking for a brick colonial?
"June will be the bottom of the housing market."
June 2011 right?
Unless Mr Mad Money plans to hire several million employees the unemployment rate will drive housing in the intermediate term.
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