Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (30117)	4/25/2005 2:15:27 PM
From: Drygulch Dan	Respond to of 306849

I wonder how much of the excess that you perceive is locked into multiple house holdings by boomers? As I recall there was talk several years ago about a major shift of wealth from the "greatest generation", as they were to die off soon, into the boomer generation. I suspect this multiple home aspect will stay stubbornly high for years to come.

To: CalculatedRisk who wrote (30117)	4/26/2005 2:52:53 AM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

My main conclusion is that there is substantial excess housing supply. Yes and no IMHO. Huge oversupply in stuff being constructed the last few years especially in second home markets and fast growing markets with abundant land. Big shortage in older existing product targeting the middle and lower end in the urban fast growing land restricted bubble markets.