Housing shortage, Hello??
ByI guess I must be getting really cynical because I just can’t stand the way news is being presented these days. Since late 2008 it was obvious we would have a chronic housing shortgae because every developer in teh country was going under and no one could get mezzanine funding to do small developments.
So last night the leading news article is the panic stricken warning of a chronic housing shortage and the risk of “trailer parks”.
It’s like warning people that if they hold their breath for twenty minutes they will almost definitely die.
Of course we are going to have a housing shortage. I’ve been talking about it, as have many others, for 2 years. That’s why we must get investing now!!
I guess I should be happy that at least the media are stating the obvious for a change
Gotta run, getting ready for SATURDAY!!
Stay Inspired and Stay Safe ~ Dean Letfus
The Ethical Investor
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