Wednesday, April 06, 2005

"Nobody's Worried About Anything"

A report on construction in Hawaii is full of the usual giddy optimism. The Star Bulletin looked at an annual construction forecast by the local university and had some industry type comment. "These past years have been the best so far, nobody's worried about anything."

Some questioned the boom even as they expressed faith in it. "I see continued growth because there are so many pluses in our favor...But, if you look at the total and aggregate it would seem just beyond belief that we can actually grow that much more because our manpower is almost maxed out."

The forecast predicted a natural limit in the boom. "As these prices rise beyond what is 'affordable' and approach those found in the most expensive markets in the country, expectations of further increases will subside," the report said.


At 8:28 AM, Anonymous Anonymous said...

53% of homeowners are tracking their home's value.

Source: See the poll in the lower right hand corner.

Remember when people were checking their dot com stocks every hour ?


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