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  • Over-Correction in the Phoenix Housing Market [View article]
    The real problem: The building “industry” has created an enormous, sprawling, future ghetto in the desert Southwest. The buildings (both residential and commercial) that were built over the past several decades were originally designed for an entirely different climate. The costs of operating and maintaining the buildings, and the costs of maintaining the system that supports such an unsustainable scheme will eventually (perhaps soon) overwhelm us. The program was ethically bankrupt from its beginning.
    Dec 30 14:29 pm |Rating: 0 0 |Link to Comment
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