Those wanting an update on “The Shelter Crisis” since Monday can check out the front page of todays The Washington Post Business Section: “Home Sales Continue at Torrid Pace: No Sign Yet of Market Slowing Down Soon.”
Interesting quotes from Greenspan’s talk on Friday and from shelter industry spinners.
Also CNN carried a story yesterday that since 2000 the number of houses priced at over $1-million has doubled. So has the number of folks that are not at the top of the food chain who cannot afford shelter.
It is interesting that when viewed as an economic issue, not a human settlement pattern issue, there is concern for the potential of a house price bust but nothing about the impact if there is no bust and shelter gets farther and farther out of reach in all the regions with Fuller and Florida’s “More, Better Jobs.”
EMR