David's Macro Blog

Should everyone own a home?

If they build it, will they come?

Do low interest rates and easy loan qualification help everyone?

Is a home your most valuable asset?

Is California real estate such a prime asset that it will never go down in price?

“No” to all of the above.

Shocking news:

Brand new homes being demolished (see video) in Victorville, California because the lender doesn’t want to own the homes.  They’d rather just own the raw land which includes the demo cost.

http://www.bubbleinfo.com/2009/05/new-home-demo

http://globaleconomicanalysis.blogspot.com/2009/04/extreme-home-makeover-depression_30.html

Did anyone see this coming during the real estate bubble years in 2005?

Business/Financial/Economic Topics:

• Calculated Risk Blog
• MISH’s Global Economic Trend Analysis
• Reggie Middleton’s Boom Bust Blog
• Barry Ritholtz’s The Big Picture Blog
• Nouriel Roubini’s Global EconoMonitor
  
• Fabius Maximus
• Robert Kiyosaki’s articles on Yahoo Finance

Real Estate Markets and Investing/Management:

• Guide to North San Diego County Real Estate by Jim Klinge – bubbleinfo.com
• John T. Reed’s Web Site

Favorite WCS Dance Videos:

• Jordan Frisbee and Tatiana Mollmann – SwingDiego 2008 (1st Place Classic)
• Ben Morris and Jessica Cox Improv West Coast Swing
• Benji Schwimmer & Kellese Key – 2008 US Open Swing Dance Championships
• Showcase Division 2005 US Open Swing Dance Championships – Benji and Heidi
• Don’t Cha (Pussycat Dolls) – West Coast Swing demo
• West Coast Swing – Tessa & Ben