Open Thread


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  1. “You’re right…fewer new homes would be far better for the economy.”

    Dave, my point was that the government shouldn’t be incentivizing people to buy new homes when so much inventory is still sitting vacant from foreclosures. Should more land be destroyed and infrastructure costs increased when people in the construction industry could instead retrofit the existing, empty homes?

  2. jessi, Building Permits reported this morning…only 606K when they were expecting 680K. MOM they declined 11.5% when expected to be flat.

    You’re right…fewer new homes would be far better for the economy.

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