A blog for elected officers of condominiums and town house associations' boards of directors who want to learn and talk about HOA governance, management, politics, finances, maintenance and other isssues.
Wednesday, February 13, 2008
Housing and recessions
The housing industry's depression may play a role in creating a national or even world wide recession, and this might be a good time to review the history of housing depressions and general recessions. John H. Makin's essay is an interesting read.