- RT @NickTimiraos Don't fear the shadow inventory: how little new construction low vacancy rates a tailwind for housing http://t.co/eCRJyOPa #
- "Banks looking to lend, compete to make small-business loans" http://t.co/lwc6TpBt via @PSBJ #
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Usually I post something by Harney, but his article sucks today (it’s practically an ad and misses the problems with FICO scores). So instead there’s this:
http://www.komonews.com/news/local/Photos-Seattles-My-Little-Pony-Convention-166638896.html
I’m shocked that Tim missed this! ;-)
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RE: Kary L. Krismer @ 1 – Um. Wow. That is certainly… something.
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RE: The Tim @ 2 – It was either that, or KOMO’s photo gallery on Hempfest.
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By Kary L. Krismer @ 3:
http://www.komonews.com/news/local/Photos-Seattle-gets-high-on-Hempfest-2012-Day-1-166641236.html?tab=gallery
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Unless someone is ferrying in illegal immigrants from whatever country left that has a replacement rate higher than 2, if people are buying existing housing it means that there are more apartments. Or vice versa. All the indications are of near flat US population growth, so you can’t convince me of a shrinking housing supply based on individual demands.
However, the usual chicanery, deceit and shady dealings? That, I can believe.
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