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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (58839)	12/13/2009 5:30:12 AM
From: TobagoJack	Read Replies (2) \| Respond to of 217740

another difference between detroit and sunnyvale could be the debt level i would think banks and folks had been cautious on lending to detroit over the years as its slide downward was well-enough recognized, whereas sunnyvale's new circumstance may have surprised some creditors detroit has the advantage in that it is closer to fresh water, and once plowed under, can be useful for food production for at least the residual population sunnyvale may be a bit dry, and not of much use the moment it can no longer afford reasonably priced but high cost water. let us watch n brief. i am sure that where there are imperatives, so there would be resolutions, and where there are no choices but one, that one would prevail. who knows, maybe a typical sunnyvale resident can still sell his abode for a relatively high price, decamp for detroit, buy a city block, and plow the whole place under to start a farm, or create an urban jungle amusement park for laser tag game enthusiasts. both solutions are economically viable, and probably a lot of fun.

To: energyplay who wrote (58839)	12/13/2009 5:41:39 AM
From: elmatador	Respond to of 217740

Finance conditions the cityscape: "there is not enough housing space for enough people to fill all the office space." Real estate developers have financing available to invest office capacity and light industrial space. "There isn't enough commute capacity either. Almost every community has some degree of growth restrictions too." That drives housing prices up and housing turn to be beyond the capacity of people to afford it. Therefore: "a permanent and growing excess capacity of office and light industrial space."

To: energyplay who wrote (58839)	12/13/2009 5:53:30 AM
From: elmatador	Respond to of 217740

As losses mount, finance flows are diverted. Firing real estate investment managers in the face of significant real estate asset losses. Their performance and judgment proved to be well below expectations." sfgate.com This is a pointer. Someone created that light real estate and excess capacity of office and light industrial space. The chnages are not immediate. They happen but with long time lag. Violent, but slow motion... Only after you wil see what indeed happened.