tag:blogger.com,1999:blog-18675105.post114369736429609537..comments2023-12-30T10:06:37.450+00:00Comments on HousingPANIC - The Housing Bubble Blog with an Attitude Problem, 2005 - 2008: UCLA Report: More than 200,000 housing jobs to be lost in California alonebloggerhttp://www.blogger.com/profile/06585266242070350399noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-18675105.post-1143737235666550892006-03-30T17:47:00.000+01:002006-03-30T17:47:00.000+01:00"Nationwide, the UCLA economists predict that new ..."Nationwide, the UCLA economists predict that new housing starts will decline to 175 million units per quarter by the end of 2007, a 25 percent decline from the peak last fall"<BR/><BR/>175 million? wow there must be a bubble. It must mean 1.75 million. <BR/><BR/>David<BR/><A HREF="http://bubblemeter.blogspot.com" REL="nofollow">Bubble Meter Blog</A>Davidhttps://www.blogger.com/profile/11169148764438565562noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1143699846383925502006-03-30T07:24:00.000+01:002006-03-30T07:24:00.000+01:00Let us not forget the UCLA/Anderson has been wrong...Let us not forget the UCLA/Anderson has been wrong in 5 of the last 5 years. 200,000 is fantasy low. I'm already seeing the "job corners" getting crowded. The problem is the construction worker market will eat itself alive. Desperate young men working off the books and taking out the higher priced experienced workers. Vicious cycle spirals down. You can't just get rid of the number of workers in excess, you scare off another equal amount.Rob Dawghttps://www.blogger.com/profile/10042154106850545479noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1143699139836893092006-03-30T07:12:00.000+01:002006-03-30T07:12:00.000+01:00Construction always has been and always will be a ...Construction always has been and always will be a feast or famine, expanding then contracting, business. The ratio of skilled to unskilled labor is about 1:10. During a contraction, the skilled remain while the unskilled go back to doing what the did before their construction jobs; waiting tables, folding burritos, stealing cars, etc.surfer-xhttps://www.blogger.com/profile/03804776159601337659noreply@blogger.comtag:blogger.com,1999:blog-18675105.post-1143698194322483992006-03-30T06:56:00.000+01:002006-03-30T06:56:00.000+01:00Actually, unfortunately, hispanics will be over-re...Actually, unfortunately, hispanics will be over-represented as a class in jobs lost as they are over-represented as a class in construction jobs.<BR/><BR/>Good observation. I'm glad to see you're reasoned, thinking for yourself and not a pawn.bloggerhttps://www.blogger.com/profile/06585266242070350399noreply@blogger.com