Well, Gov. Helmethair, aka Tricky Ricky Perry, can talk all he wants about the resilience of the Texas economy, but the Dallas housing market puts the lie to that claim.
Of most concern, I think, is that new housing starts are off even more than new home sales from a year ago. And, the market is still oversupplied.
But, a study says the Metroplex has little risk of home prices being lower two years from now.
Well, I guess area homeowners will see … two years from now.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
July 07, 2009
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