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Remember: Writing can get you fed to a lion whose teeth draw your whole face into its foul wet breath and cut your skull with knives. There's no soft way to put this. A black hole swallows you up. Willpower's no help. Getting in print is like beating cancer but losing a lung, staying in print is hopeless. Your best work goes begging.....Today's paragraph comes, a word from the heart of the universe, and shines in the darkness, unquenched. And you ask for power, wisdom, and love as you make the anvil sing.
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This ought to be fun... (via Drudge) Everybody loves a good horror story, and people tend to panic easily. As houses are over-priced and in over-supply, what effect will this have? I wondered about the effect of affordable housing and global competition back in 2005: Could it be that housing values, 10 years from now, will deflate in the pursuit to find more affordable housing due to global competition? If we have to compete globally, and we do, then expenses must be trimmed, so it makes sense. Here's a scenario: what happens if the California housing market crashes? What if it happens elsewhere in America? How does that change the retirement plans of boomers at the time that they start retiring? Affordability matters.The first article says this: A Florida recession could be averted and the state housing industry's "serious problems" solved by an influx of American retirees and foreign buyers, said David Denslow, a University of Florida economist in Gainesville. "The wave of baby boomer retirees is gathering momentum, and the weaker dollar makes Florida seem like a bargain to Europeans," Denslow said. "With any luck at all that will sustain us." I'll be writing more about this later. |
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