[MCN] A big supply of expensive homes, but a failure to....
Lance Olsen
lance at wildrockies.org
Sat Nov 25 08:47:18 EST 2017
Sam Khater, chief economist for CoreLogic, thinks mall-apartment conversions are smart, and dismisses suggestions that the housing market will have too much inventory any time soon. “There’s plenty of supply on the high end,” he said. “But we need housing all across the income spectrum. There’s clearly a market failure and a government failure to provide housing for middle-income Americans.”
https://www.marketwatch.com/story/malls-are-dying-there-arent-enough-homes-is-there-a-solution-2017-11-21 <https://www.marketwatch.com/story/malls-are-dying-there-arent-enough-homes-is-there-a-solution-2017-11-21>
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“Perhaps the most obvious proposed risk factor for extinction is large body size.”
Davies, et al. “Phylogenetic trees and mammalian biodiversity.” Proceedings National Academy of Sciences, Aug. 12, 2008. Eight pages.
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