Twisterchasers.com's Jeff Piotrowski describes what he saw chasing the tornadoes and severe weather over the weekend.
That must be alarming. Not getting a quick responce call. I saw a good example on one case from hollywood. In regards to what people could or could not do. IT was a milirary movie rial where the gentleman said he received no direction on the policy mnual. So they went through the manuals. Then the prosecuter asked hi to look up the cafeteria..it wasent in the manual. So how did he know when to and where to eat? Must mean that there is an override that enacts over direction and funds. BAsed on cause and effect. An empty stompach weighs more that a life. Priorities.
"Actual demand for slheter (reflected in rents), or demand for purchases (sale prices)? Builders are driven by the latter, which is why housing stock is growing faster than population in Vancouver (as you have pointed out)"The builder probably does not care much about the buyers' motives, though he might care that he will be in the red for many quarters due to oversupply. The velocity of new dwelling creation should match the velocity of population change long-term. Recently one velocity has exceeded the other hence oversupply. Though if you look at the statscan page I linked above, all cities across Canada had the dwelling counts increase at a faster rate than the population. I don't quite understand it.My original point was that 60,000 homes for sale will be eaten up faster in Phoenix than even two or three Vancouvers combined.
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