tag:blogger.com,1999:blog-1110014885778996459.post9163235771509464511..comments2024-03-29T04:50:03.060-07:00Comments on Idiosyncratic Whisk: Housing, A Series: Part 112 - Defaults in the Two AmericasKevin Erdmannhttp://www.blogger.com/profile/07431566729667544886noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-1110014885778996459.post-30985392071453331552016-02-03T10:27:59.471-07:002016-02-03T10:27:59.471-07:00Yep. The strange knack for ignoring any supply si...Yep. The strange knack for ignoring any supply side causes at times becomes incredible. One of the cynical comments that I hear a lot is how this whole mess was created because speculators and builders went into a frenzy and built a bunch of houses in the desert. As if the choice of location was just the result of irrational, rabid greed, with no second thoughts or doubts about why, exactly, the speculative outburst would happen in places nobody supposedly wanted to live. Greed and irrationality just explain everything.Kevin Erdmannhttps://www.blogger.com/profile/07431566729667544886noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-15017897286212245532016-02-02T19:06:23.181-07:002016-02-02T19:06:23.181-07:00Great post. I think this is right, that Phoenix, L...Great post. I think this is right, that Phoenix, Las Vegas and Riverside became "suburbs of Los Angeles."<br /><br />If we could get rid of property zoning, what we would have seen is a wall of condo-towers along the ocean and much, much, much shorter commutes!Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-1110014885778996459.post-70507682855609277482016-02-02T04:26:52.825-07:002016-02-02T04:26:52.825-07:00"From 2000 to 2007, net migration from New En..."From 2000 to 2007, net migration from New England to Florida accounted for 62% of all net migration out of New England!"<br /><br />-Wow. That's really impressive. I guess this explains a good deal of the rising rents.pithomhttps://www.blogger.com/profile/13997094225496018110noreply@blogger.com