tag:blogger.com,1999:blog-6616959642391988608.post5725180446354739168..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Strong building permits trump soft housing startsScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-6616959642391988608.post-85756453191011593142015-06-21T06:01:54.496-07:002015-06-21T06:01:54.496-07:00Well, Ben Jamin, if that is the case, it is either...Well, Ben Jamin, if that is the case, it is either they are running out<br />of beach front or the city has gone no growth.<br /><br />May I also add, what would be the numbers if you had normal (nominal) <br />interest rates?<br /><br />First, we were given FedZero and then followed by Fedomonics..The governmental units<br />are operating the free market place.. Hanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-29269948541146976202015-06-18T19:04:12.007-07:002015-06-18T19:04:12.007-07:00Barb: thanks for your comments; it's always go...Barb: thanks for your comments; it's always good to hear from people on the front lines of the economy.<br /><br />In Southern California, building activity has definitely picked up in the past few years. It's still hard to get a loan, however, as my daughter recently found out when attempting to purchase an older home. She managed to prevail, however, and will be redoing the kitchen soonScott Grannishttps://www.blogger.com/profile/14028519647946868684noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-16701739383160356782015-06-17T17:04:05.285-07:002015-06-17T17:04:05.285-07:00Hans--I AM saying that cities such as Newport Beac...Hans--I AM saying that cities such as Newport Beach have all but criminalized new construction of housing.<br /><br />Believe you me, somebody could put up a 40 story condo tower in Newport Beach and sell every unit.Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-21281082386777039682015-06-17T13:32:45.153-07:002015-06-17T13:32:45.153-07:00I own a kitchen and bath design shop that sells ca...I own a kitchen and bath design shop that sells cabinetry. We have business relationships with many custom home builders. We have not had one new construction home this year. We are located 60 miles NW of Chicago. Our builders tell us that unless the homeowner has 40% to put into the project, the bank will not lend the money toward the project. We get prints to look at but are finding that HHDesignshttps://www.blogger.com/profile/06707592995745007195noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-4241177379751440302015-06-17T11:29:03.047-07:002015-06-17T11:29:03.047-07:00In my neighborhood in Northern NJ, the popular thi...In my neighborhood in Northern NJ, the popular thing for builders to do is knock down $1m homes and put up $2m homes.Lawyer in NJhttps://www.blogger.com/profile/02920739130504981369noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-62390405442077824402015-06-17T05:17:56.763-07:002015-06-17T05:17:56.763-07:00Robust construction of new housing? Ben Jamin, it ...Robust construction of new housing? Ben Jamin, it is still currently under<br />50% of it's all time peak.<br /><br />Hear is a more detailed look at this issue:<br /><br />http://seekingalpha.com/article/3264325-housing-starts-unexpectedly-plunge-11_1-percentHanshttps://www.blogger.com/profile/05183141792723754273noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-62609147808982514692015-06-16T17:18:37.956-07:002015-06-16T17:18:37.956-07:00The city of Newport Beach has all but criminalized...The city of Newport Beach has all but criminalized robust construction of new housing, and that city is hardly alone up and down the West Coast. This is a much larger problem and contributor to inflation than anything the Fed has done in the last 35 years.<br /><br />Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-29539483332569533402015-06-16T10:57:12.244-07:002015-06-16T10:57:12.244-07:00The "R Word" chorus seems to be hoping f...The "R Word" chorus seems to be hoping for a recession, for whatever reason, but the data, along with the apparent under-reporting of 1Q GDP due to seasonal adjustment issues, does not support it.<br /><br />Nice charts. Thanks.Lawyer in NJhttps://www.blogger.com/profile/02920739130504981369noreply@blogger.com