No Inman Connect for Me this year
And I can’t remember a time when I’ve been more utterly disappointed about something.
Quick rundown - 5 pm flight out of Richmond, Virginia only to be diverted to Charlotte, North Carolina because Atlanta was shut down due to weather. We left Charlotte (but never the plane) around 11:30 pm to arrive here in Atlanta at 12:30 - my flight to San Francisco left before I arrived. 7.5 hours on a plane, and nowhere near where I wanted or needed to be.
I was so looking forward to this conference - to meeting people for the first time and others for the second or third - and sitting on the panel on Thursday, but I couldn’t guarantee that I would make it to the West Coast before 4pm on Thursday - only to return home on a 1pm flight on Friday.
Back to real estate (and home later this morning).
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Bull Versus Bear - the Panel I’m Most Looking Forward To
At Inman Connect this week, there are far too many panels to attend. One that I will absolutely not miss is this one:
Wednesday, July 23, 4:15 pm – 5:00 pm
The Housing Debate: Bull vs. Bear
Where are we in this housing cycle? Has recovery started or is it just beginning to show signs? Is there hope for an uptick by the end of the year? Join a lively debate between housing bulls and bears who present differing views of housing’s future.
Panelists:
Avram Goldman, President & CEO, Pacific Union GMAC Real Estate
CR, Real Estate Analyst, Calculated Risk
Dottie Herman, President & CEO, Prudential Douglas Elliman
John Williams, Economist, Shadowstats.com
Noah Rosenblatt, Founder, UrbanDigs.com - (who incidentally just coined the term “Cressession“)
Yves Smith, Author, NakedCapitalism.com
Lawrence Yun on 4realz Thursday
8pm Eastern. Be there or be square.
Update 18 July 2008: Lawrence Yun’s comment around the twenty minute mark is candid, blunt and is what happens when he isn’t putting out press releases.
Proof Twitter Works
Two of the best aspects of Twitter are the immediacy and the relationships that can be developed in 140 characters or less. For example:
Earlier this week I noticed a splog was stealing the content of my blog - the entire thing. Fortunately, it was hosted on Google’s Blogger service which happens to have a “flag” feature. One person flagging likely wouldn’t have an impact; many people …
I asked my friends on Twitter to flag this blog, and this is the result -
Culminating in this -
The Best Comment on Charlottesville Government
Can be found at cvillenews regarding the pending “efficiency study” -
i think there should be a study on why there are so many studies made in this area.
RealCentralVA seen through Wordle
Isn’t Hindsight a Wonderful Thing?
It’s incredible how “inevitability” is so easy to determine with the benefit of hindsight.
More on the Fed’s plan:
Bernanke said that the Fed is prepared to issue new lending rules next week to restrict exotic mortgages and high-cost loans for people with weak credit. The details of the program, first announced in December, have been undergoing revisions but are expected to include requirements that lenders document borrowers’ incomes and verify that they could make the mortgage payments, including the higher payments that come when adjustable-rate loans reset.
The market is already working things out, as painful as that “working out” may be …
An Outstanding Conversation on the Unraveling of the Fringes
At Bacon’s Rebellion, with comments such as this:
So, what are the attributes of countries where gas has been expensive for a long time?
1. A few, densely populated cities harbor a relatively large percentage of the population.
2. People live in much smaller housing than the US on much smaller lots.
3. Taxes are high.
4. Mass transit is ubiquitous. It is multi modal.
5. Relatively wealthy people have a “flat” in the city and a vacation home somewhere else.
6. Local governments have substantial power and decision making authority.
7. The supply of affordable housing is created by taxing the relatively wealthy and subsidizing the less well to do - especially government employees such as teachers, policemen, etc.
8. Secondary cities often suffer from economic decay while primary cities prosper (example: Liverpool and London).
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