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Joined: 28 Dec 2005 Posts: 12651
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Posted: Sun Aug 07, 2011 10:40 pm Post subject: Home Size Bubble-Tariffs-Obamanomics |
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http://3.bp.blogspot.com/-F_HhxTPQ40c/Tj6bWAu5dCI/AAAAAAAAPjo/8QPrn_8-O8E/s1600/homes.jpg
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http://2.bp.blogspot.com/-jF0-i4Myv5E/Tj6RlxcxSwI/AAAAAAAAPjg/h6DV-Tav9Kk/s1600/living.jpg
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PeakTrader said...
Although, the U.S. is a developed country, there's still a lot of undeveloped land.
Many new cities were created and many small cities became much larger.
According to the Census Bureau Median and Average Square Feet of Floor Area in New Single-Family Houses, the Median Square Feet of Floor Area in New Single-Family House peaked in 2007 at 2,277, and Average Square Feet also peaked in 2007 at 2,521.
It should be noted, U.S. houses typically have much bigger yards than in Europe.
Walt says: "It's quite possible a bigger house is not part of the "European Dream.""
What about smaller autos, or riding bicycles, and buying fewer and smaller other goods?
http://www.blogger.com/comment.g?blogID=28997633&postID=8392275991147600033
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PeakTrader said...
James says: "We had a better economy during more than a hundred years of high tariffs than we have had since going to free trade."
So, we need high tariffs between states, counties, households, etc. for better economies, by avoiding the division of labor, specialization, and trade.
http://www.blogger.com/comment.g?blogID=28997633&postID=9189928070997070903
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PeakTrader said...
The result of Obamanomics:
1. Too many idle resources.
2. Too many resources employed inefficiently.
3. Those who work now and in the future working harder for a lower standard of living. |
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