tag:blogger.com,1999:blog-6616959642391988608.post386989327931540365..comments2024-03-18T13:22:06.536-07:00Comments on Calafia Beach Pundit: Housing starts -- a U-signScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6616959642391988608.post-76285889333410414872009-12-20T05:25:47.237-08:002009-12-20T05:25:47.237-08:00This is excellent for existing home sales and pric...This is excellent for existing home sales and prices. That being excellent for household net worth and the wealth effect that flows from that, this is good for the economy even without the direct effect of increasing private investment. If household net worth increases, that should stimulate either investment or consumption.DaleWhttps://www.blogger.com/profile/16369657928022546882noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-29628438602759999562009-12-16T21:27:21.099-08:002009-12-16T21:27:21.099-08:00Public: Residential construction has turned up sha...Public: Residential construction has turned up sharply in every recession in the past 40+years. But it didn't rebound much at all following the recession of 2001, and it didn't decline much prior to the recession either.Scott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-86664963328974698142009-12-16T14:35:02.569-08:002009-12-16T14:35:02.569-08:00Residential construction/investment has led us out...Residential construction/investment has led us out of most recessions, no?Public Libraryhttps://www.blogger.com/profile/00017383928897945054noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-33566720837668151762009-12-16T11:28:15.485-08:002009-12-16T11:28:15.485-08:00Why buy a new home when you can get the deal of a ...Why buy a new home when you can get the deal of a lifetime on a foreclosure at auction?Paulhttps://www.blogger.com/profile/06843411100678811292noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-29061568047512780202009-12-16T08:54:39.012-08:002009-12-16T08:54:39.012-08:00Although bad for the builders, this may bode well ...Although bad for the builders, this may bode well for the housing market generally as the lack of new homes will enhance the value of all existing homes and those that do get built. This is part of the healing process in my view.Billhttps://www.blogger.com/profile/05145490918994594519noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-46673509077863414722009-12-16T08:34:08.643-08:002009-12-16T08:34:08.643-08:00I spoke to a developer yesterday and he didn't...I spoke to a developer yesterday and he didn't think there would be much of a rebound in housing until 2011 based on the banks' reluctance to loan for new developments. They want to keep their balance sheets healthy for the coming unloading of non-performing commmercial real estate loans in 2010. They'll be ok but they don't want to lend again until they get rid of the bad loans.Billhttps://www.blogger.com/profile/06910619601367464068noreply@blogger.com