09-28-2012, 12:54 PM
Fascinating stuff. Thanks for sharing.
New home construction coming out of hibernation west of Chicago. Inflation won't occur until kinks in the supply chain...materials or labor...are encountered. The trouble is productive capacity in the US has taken a bad hit. I suspect we just can't build as much or as fast or as well as we could. It will take time to recover the talent we lost, that is if we want to make the investment. The Fed is on board. JMHO.
New home construction coming out of hibernation west of Chicago. Inflation won't occur until kinks in the supply chain...materials or labor...are encountered. The trouble is productive capacity in the US has taken a bad hit. I suspect we just can't build as much or as fast or as well as we could. It will take time to recover the talent we lost, that is if we want to make the investment. The Fed is on board. JMHO.