We have been discussing this article today on the Wanna be a Knife Catcher? Buy Now! thread.

edit: Here’s some comments about the article from across the nation.

http://community.nytimes.com/comments/www.nytimes.com/2011/05/11/business/11housing.html

We have been discussing this article today on the Wanna be a Knife Catcher? Buy Now! thread.

edit: Here’s some comments about the article from across the nation.

http://community.nytimes.com/comments/www.nytimes.com/2011/05/11/business/11housing.html

I see this as a healthy development.

I believe the bailouts programs were necessary to keep growth on track.

Economic growth has resumed notwithstanding the housing downturn, proving that the government was able to engineer a decoupling of the housing sector from the general economy.

The economy is growing despite housing. It’s now time to pull back housing support.

That also fits into my assertion that the higher end houses have some deflation/stagnation ahead. At the very least, there will be more selection.

I believe that there’s a generational shift at play also. It seems to me that younger folks are turning away from McMansions and opting for smaller spaces closer to the urban core. In 20 years, we’ll see if I’m correct.

I see this as a healthy development.

I believe the bailouts programs were necessary to keep growth on track.

Economic growth has resumed notwithstanding the housing downturn, proving that the government was able to engineer a decoupling of the housing sector from the general economy.

The economy is growing despite housing. It’s now time to pull back housing support.

That also fits into my assertion that the higher end houses have some deflation/stagnation ahead. At the very least, there will be more selection.

I believe that there’s a generational shift at play also. It seems to me that younger folks are turning away from McMansions and opting for smaller spaces closer to the urban core. In 20 years, we’ll see if I’m correct.

I see this as a healthy development.

I believe the bailouts programs were necessary to keep growth on track.

Economic growth has resumed notwithstanding the housing downturn, proving that the government was able to engineer a decoupling of the housing sector from the general economy.

The economy is growing despite housing. It’s now time to pull back housing support.

That also fits into my assertion that the higher end houses have some deflation/stagnation ahead. At the very least, there will be more selection.

I believe that there’s a generational shift at play also. It seems to me that younger folks are turning away from McMansions and opting for smaller spaces closer to the urban core. In 20 years, we’ll see if I’m correct.