tag:blogger.com,1999:blog-1110014885778996459.post6676627780804061168..comments2024-03-28T04:16:11.729-07:00Comments on Idiosyncratic Whisk: Housing: Part 262 - Self-fulfilling prophecies are highly reliable.Kevin Erdmannhttp://www.blogger.com/profile/07431566729667544886noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1110014885778996459.post-90276465264648462422017-10-18T16:14:19.971-07:002017-10-18T16:14:19.971-07:00By my calcs, even if the "overhang" theo...By my calcs, even if the "overhang" theory of too many housing units being built were true, the overhang was completely worked off by 2009. Yet since then we've "underbuilt" by a few million units. In fact, if we have a recession in the next 3 years, it might be the first US recession where housing construction doesn't drop as we continue to try to fill our unmet housing demand. billnoreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-3695048900660248512017-10-17T12:08:58.920-07:002017-10-17T12:08:58.920-07:00Thanks, Chuck!Thanks, Chuck!Kevin Erdmannhttps://www.blogger.com/profile/07431566729667544886noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-76693940121268072882017-10-17T12:05:29.602-07:002017-10-17T12:05:29.602-07:00This ^ is why I cannot read Calculated Risk withou...This ^ is why I cannot read Calculated Risk without holding my nose. Sure, he has some great data series and graphs. But the conclusions he draws make absolutely NO sense. Keep up the great work Kevin. <br />Chuck EricksonChuck Ericksonhttps://www.blogger.com/profile/04313247742305688489noreply@blogger.com