Earl of Earls

The WSJ Is Wrong on the Housing Crisis

No one seems to remember 'location, location, location'. These are fixed assets. Seldom does one by a house in California and move it to South Carolina. There is also the units yet to be bought as a second home for only the perchaser's use. The inventory problem is only locallized to a few states. Unfortunatly, they are large population states and skew the numbers to scare the people in Fairbanks.