UCLA Anderson “There will be job loss in the construction sector, as well as real estate-related financial services, but not nearly enough to trigger a recession.”
Who to believe?
“Recessions have traditionally trailed a housing peak by no more than a year; at this point, the business cycle is trailing the housing cycle by seven quarters without a recession”
Funny. It’s been trailing b/c the banks can foreclosre fast enough and sell fast enough.
Are they kidding here ” an expected rise in Chinese visitors and several local attractions such as the new ‘Simpsons’ ride at Universal Studios Hollywood theme park.”
