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

To: BWAC who wrote (146938)	9/16/2008 12:46:55 PM
From: John Vosilla	Respond to of 306849

'..the time and capital intensive zoning and regulatory hurdles the county/city require of developers and you have a recipe for zero competition for the big builders' I imagine the pool of people who both see this profound statement as well as saw the scam that the housing/credit bubble was quite small.. No wonder everybody has been confused to some degree for four years now<g> I believe we will be in a new home construction depression for a good 5+ years though and the little guy in that biz is pretty much finished.. Even this statement has nothing to do with existing home values which I believe will start appreciating again in a major way once new lis pendens filings drop substantially..Still not seeing signs in FL yet..the next 6-12 months will be bad.. I also imagine the late stage bust markets just turning down will be bad for 3+ years