SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elroy Jetson who wrote (52996)7/3/2006 11:09:48 AM
From: John Vosilla  Read Replies (3) of 116555
 
I take it folks paid way too much for those $40K kitchen rennovations or new homes in bubbleville USA? The repercussions of all this discussion are enormous.. Makes Flex's well thought out commentary today sound like it just scratches the surface of the even deeper problems..

It does tie the explanation of why new homes are still dirt cheap after the huge rise in construction costs in exhurbs like Houston even though it has the strongest economy in the nation now.

Also helps explain why in 'normal' times new suburbs tend not to appreciate until the area is close to build out and no large tracts of land are available to the national builders. This makes me think suburbs of markets like Phoenix are going to take an incredible tumble in values.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News