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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

+0.6%

Nov 7 4:00 PM EST

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To: louel who wrote (133421)	4/30/2017 8:09:11 PM
From: John Vosilla	Read Replies (1) of 217588

I didn't write the article only posted it. Not sure how the lunch bucket crowd left in the Millenial generation today is incentivized to work harder in Vancouver when they can never afford to buy a house and have some skin in the game to build equity throughout their life. How comparable is it to prop 13 in CA where home prices also sky high in the largest metro areas? Red Texas is the opposite they don't give much in way of real estate tax subisidies for housing. Obviously they do their best to not limit supply like they seem to do in most all the liberal areas at least for single family. Big money from home building in fast growing areas as well as from inflating home values in low growth areas. But is quite depressed in low growth low value areas throughout much of US rustbelt, ghetto's and small town rural areas where land residuals are below zero and builders build at a loss without incentives. Not many places like this in the western US anymore outside of New Mexico. So would think home building will be growth industry for several more years. BTW I've been in business 25 years started with nothing..

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