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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Don Hurst who wrote (279341)9/29/2010 1:12:06 AM
From: John VosillaRead Replies (1) of 306849
 
'Either way, the referendum is bringing into sharp relief the conflict surrounding real estate nationwide: while new homes, growth and the American dream are forever intertwined, many people are questioning why development often overwhelms other public priorities, even after it led to an economic crisis.'

New construction is the bread and butter for too many people in both the private and public sectors here. Any mandates even if passed probably fail to get their desired goals as it won't ever go away until our economy becomes much more diverse and we just have zero growth like the rust belt. All very unlikely in my lifetime. As bad as it is here I bet many in stale old markets like parts of PA and upstate NY wish they were able to update their housing stock, communities and commercial corridors with something more modern
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