Wednesday, March 07, 2007

Good read

I failed to point this out the past few days, but Blake's piece on the housing market, our overbuilding of residential units and the lack of affordable housing in the area was very interesting. It covered a lot of good points that I'd like to be able to go into in greater detail later on.

The main point for now is that we're built out through 2013, have more than 1,300 existing vacant units and still are seeing condos going up that folks have the audacity to charge $250,000 to live in ... despite the fact they have no buyers willing to fork that kind of money over.

0 Comments:

Post a Comment

<< Home