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View Diary: Taxing the rich: it's not about "fairness" (182 comments)

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  •  In 2006/2007 residential construction in the U.S. (3+ / 0-)
    Recommended by:
    Sparhawk, Sychotic1, wbr

    was distorted to the point where 40% of new home construction went to 2nd home vacation units.

    40% to useless excess.

    Economically... insane. Both on the demand side, where next to none of that made sense. And on the supply side, where you're wasting the building materials.

    Survey eastern Pennsylvania for example after example. Same for mountain areas in Arizona. and on and on and on. Big houses where there are no local jobs.

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