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Thursday, September 2, 2010

From Orange County Register - 246% increase in Home-building in 2012

It was not the newspaper that predicted it, was the Real Estate Research Council of Southern California, based at Cal Poly Pomona.  I mean this is a pretty bold prediction considering major economic problems like
  • Shadow supply of foreclosed homes
  • Unemployment and under employment
  • Increases in taxes
  • California budget problems
  • Businesses leaving California
  • Decreases in rents
Read it all 

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