Tuesday, October 18, 2011

New house construction

Rare to see new house construction, but not that rare. With all the news about housing in the toilet, there's always been quite a trickle still around Bellingham. This one by Lake Samish. I'm surprised there's still any build able lakefront lots there.

Or, maybe they tore a house down to build this newer one?

There's construction here and there. Seems like usually folks building their retirement home. Probably not enough to employ all the idled contractors, realtors and other job seekers around.

That's the problem. Anemic recovery and if the recovery does pick up steam, here is the question. Is there enough land, not to mention ideal "lakefront" land, to allow for a robust recovery without people grumbling again about turning the lake into a toilet?

And now think about gas prices. When the economy picks up steam, they go up due to limited supply and demand.

That's why we need some major paradigm shifts. We need new ways to grow and improve the economy in sustainable ways.

People often say that they thought New York City couldn't grow any larger than it was in the late 1800s because there was an "absolute limit" to urban growth, due to the horse manure it generated.

We'll, we made it past that, but we had to be open to change.

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