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.

Non-Tech : Investing in Real Estate - Creative Opportunities -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (2333)	7/20/2014 11:41:46 AM
From: John Vosilla	Respond to of 2722

The west coast has a love/hate with development.........and the hate is getting strong right now Has to be some balance. Unfortunately we are yet again destined to repeating the same mistakes made in the 1920's, 1980's and 2000's. At this time in suburbia they are just starting to build after a seven year hiatus. Big bubble this time in the cities at the high end. It is kind of amazing when you think about it but construction ground to a halt during the early years of the great depression with little if any new construction till mid 1950's,. Yes the cities were overcrowded but their infrastructure was in place allowing low cost public transportation and cost of living was reasonable for the working class. It started to shift as big oil and the interstate highway system took off. Then after Reagan became prez the financial markets, globalization and lower and lower rates became the norm