tag:blogger.com,1999:blog-3758330678390419129.post7730081161802276950..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Thank You Janet Yellen: The Size of Newly Constructed Homes is ExplodingRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3758330678390419129.post-64725793704255038852016-06-04T11:41:10.795-04:002016-06-04T11:41:10.795-04:00No Robert, it's not what a recession looks lik...No Robert, it's not what a recession looks like but it is what a "top" looks like. Having observed the Vero Beach (Fl) housing maket over the last 2 decades, I've seen all of this before. Current condition: Larger more expensive homes sitting on the market for long periods of time; contracts falling through; real-estate agents willing to negotiate commissions(!); raw land being Dominickhttps://www.blogger.com/profile/10113091064299237392noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-21360956678766168652016-06-04T01:38:38.067-04:002016-06-04T01:38:38.067-04:00Starter homes and other smaller new single family ...Starter homes and other smaller new single family homes are no longer profitable to construct thanks to regulations, taxes, and other government imposed costs. Even if Ms. Yellen raised rates these would be the only new homes on the market. Jimmy Joe Meekerhttps://www.blogger.com/profile/09559104650594440766noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-75251945451206763352016-06-04T01:07:42.792-04:002016-06-04T01:07:42.792-04:00Construction hiring down two months in a row IS wh...Construction hiring down two months in a row IS what a recession looks like.Wxmanhttps://www.blogger.com/profile/16810589671644613034noreply@blogger.com