Plane crashes into tree
"Morgans" wrote in message
...
"Peter Dohm" wrote
Stay tuned, the same voting block has been moving in. However, you may
get
a repreive for a few years due to the end of the current real estate
boom.
True, I had not considered the Flor-idiots that have been moving to NC in
record
numbers.
As far as the current real estate boom ending, it sure has not ended
around my
area, yet. Builders have a hard time finding enough skilled tradesmen.
--
Jim in NC
The building boom is still continuing here as well--even though we already
have more than is needed. Land is now so expensive that single family home
construction is mostly limited to high end construction. Also a lot of
people are leaving for greener pastures, due to high purchase costs and the
related high taxes and insurance costs.
I don't know, but presume, that the shortage of skilled tradesmen is at
least as bad here--due to the high cost of lodging.
I met a developer (at an antique car show) who told me that it takes about
seven years, from the completion of planning to the completion of
construction and occupancy. I am not positive, but presume that is for a
medium sized project--so you can see that the housing market must (almost by
definition) fluctuate between under supply and over supply.
Peter
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