Real Property Alpha - Latest Comments in Multi-family and Single Family Recovery Require Absorption of Excess Space

Re: Multi-family and Single Family Recovery Require Absorption of Excess Space

leronimo — Wed, 16 Dec 2009 17:05:30 -0000

Within the last year or so, our financial system has been rocked to its foundations. The collapse of the housing bubble, the pharmacies and the numerous defaults and bankruptcies connected with it brought down major financial institutions, such as Bear-Stearns, Lehman Brothers, and Merrill Lynch.

Re: Multi-family and Single Family Recovery Require Absorption of Excess Space

Reeder — Tue, 14 Apr 2009 21:34:59 -0000

Ken-

Thanks for taking time to post the comment. I would take issue with the "decades" from full recovery as that suggests 20+ years at a minimum.

But I agree that a lot of the people currently providing the "path out" are not being intellectually honest in their message.

Thanks again for taking the time to comment.

Re: Multi-family and Single Family Recovery Require Absorption of Excess Space

Ken Watson — Tue, 14 Apr 2009 20:34:31 -0000

“Guesstimates” by Leading Economists on Timing of Economic Recovery are Mis-leading the American Public-Full Recovery 10+ yrs.
Today’s economists, pundits and government leaders suggest we’re headed towards ‘blue skies’ after just a few short months, it is without question preposterous and borderline irresponsible. With nearly 4 million homes and developed lots in inventory and up to another million homes being held by the banks in ‘Shadow Inventory’, we are years even decades from a full housing recovery.”

I ENCORAGE EVERY AMERICAN WHO CARES ABOUT THEIR FINANCIAL FUTURE TO BECOME BETTER INFORMED, MORE PROACTIVE AND KEENLY AWARE OF THE REAL FACTS BEHIND THIS CRISIS