{"id":10073,"date":"2009-10-14T12:09:26","date_gmt":"2009-10-14T19:09:26","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=10073"},"modified":"2009-10-14T12:09:26","modified_gmt":"2009-10-14T19:09:26","slug":"why-the-housing-bubble-hit-some-areas-harder-than-others","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/10073\/why-the-housing-bubble-hit-some-areas-harder-than-others\/","title":{"rendered":"Why the Housing Bubble hit some areas harder than others."},"content":{"rendered":"<p>I don&#8217;t know if you&#8217;re familiar with Randall O&#8217;Toole from the Cato Institute, but he&#8217;s much better reading than <a title=\"Lawrence Yun\" href=\"http:\/\/lawrenceyunwatch.blogspot.com\/\" target=\"_blank\">Lawrence Yun<\/a>.\u00a0 I was just acquainted with one of his latest works entitled <a title=\"How Urban Planners Caused the Housing Bubble\" href=\"http:\/\/www.cato.org\/pubs\/pas\/pa646.pdf\" target=\"_blank\">How Urban Planners Caused the Housing Bubble<\/a>.<\/p>\n<p>If you&#8217;re in real estate, it is a must read.\u00a0 I live in a strict Growth Management state from a public planning perspective.\u00a0 As a freedom loving individual, it is frustrating.\u00a0 But this analysis not only talks about the costs of planning, but the volatility it introduces into the market and why.\u00a0 It compares different policies of various states.<\/p>\n<p>The correlation between planning practices and pricing volatility is  uncanny!\u00a0 Fed policy, the Community Reinvestment Act and other hair brained  political practices can\u2019t explain the phenomenon without the inclusion of growth  managment into the equation.\u00a0 The costs\u00a0for growth managment are also  staggering!\u00a0 For real estate nerds, it is required reading!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I don&#8217;t know if you&#8217;re familiar with Randall O&#8217;Toole from the Cato Institute, but he&#8217;s much better reading than Lawrence Yun.\u00a0 I was just acquainted with one of his latest works entitled How Urban Planners Caused the Housing Bubble. If you&#8217;re in real estate, it is a must read.\u00a0 I live in a strict Growth [&hellip;]<\/p>\n","protected":false},"author":55,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[15,62],"tags":[],"class_list":{"0":"post-10073","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-carnival-of-real-estate","7":"category-dirty-laundry","9":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":127,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/127\/oh-good-lord-theyve-got-one-of-our-own\/","url_meta":{"origin":10073,"position":0},"title":"Oh, good lord! They&#8217;ve got one of our own!","author":"Greg Swann","date":"July 24, 2006","format":false,"excerpt":"This morning's Arizona Republic has a little featurette on a housing bubble weblog in Gilbert. It's called the Housing Doom Housing Bubble Blog, but I think would it be more sonorous if it were to be named the \"Housing Doom Housing Bubble Housing Blog\" or even the \"Housing Doom Housing\u2026","rel":"","context":"In &quot;Blogging&quot;","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14488,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14488\/housing-might-not-be-a-good-investment-but-its-not-a-bad-hedge-against-inflation\/","url_meta":{"origin":10073,"position":1},"title":"Housing Might Not Be a Good &#8220;Investment&#8221; But It&#8217;s Not a Bad Hedge Against Inflation","author":"Brian Brady","date":"April 26, 2011","format":false,"excerpt":"Debra and I had the good fortune to met Anthony Randazzo at a Reason Foundation dinner last week.\u00a0 Mr. Randazzo published an article today, about real estate as a \"store of value\" (which was consistent with what we've been talking about here on BloodhoundBlog). Few people will dispute that more\u2026","rel":"","context":"In &quot;Investment&quot;","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16346,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16346\/zero-hedge-presenting-the-housing-bubble-2-0\/","url_meta":{"origin":10073,"position":2},"title":"Zero Hedge: &#8220;Presenting: The Housing Bubble 2.0&#8221;","author":"Greg Swann","date":"April 30, 2013","format":false,"excerpt":"Tyler Durden:It was just seven short years ago that the prices at the epicenter of the housing bubble, Los Angeles, CA rose by 50% every six months as the nation experienced its first parabolic move higher in home prices courtesy of Alan Greenspan's disastrous policies: a time when everyone knew\u2026","rel":"","context":"In &quot;Big Mother&quot;","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18710,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18710\/2023-housing-bubble-or-2024-real-estate-boom\/","url_meta":{"origin":10073,"position":3},"title":"2023 Housing Bubble or 2024 Real Estate Boom?","author":"Brian Brady","date":"May 15, 2022","format":false,"excerpt":"Zillow \"creates\" digital home valuations and The Fed \"creates\" digital currency so it's not like we are dealing with credible institutions BUT: The Dallas Fed is worried that housing is overvalued. Our evidence points to abnormal U.S. housing market behavior for the first time since the boom of the early\u2026","rel":"","context":"In &quot;Real Estate&quot;","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":507,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/507\/arizona-economy-get-over-housing-bubble-economists-say-growth-remains-strong\/","url_meta":{"origin":10073,"position":4},"title":"Arizona economy: &#8220;Get over housing bubble, economists say, growth remains strong&#8221;","author":"Greg Swann","date":"October 4, 2006","format":false,"excerpt":"I won't have September's numbers until tomorrow, but the news is not good for bubbleheads -- which is to say that the news is not bad for everyone else. Meanwhile, there's this from The Business Journal of Phoenix:Some of Arizona's leading economists believe the housing slowdown is a short-lived bump\u2026","rel":"","context":"In &quot;Marketing&quot;","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1494,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1494\/do-you-think-real-estate-reporting-stinks\/","url_meta":{"origin":10073,"position":5},"title":"Do you think real estate reporting stinks?","author":"Greg Swann","date":"June 2, 2007","format":false,"excerpt":"You're not alone:The media coverage of housing is horrible. When the housing market was booming, we were warned of a \"bubble.\" When the boom finally slowed, we were warned it would be a disaster. It's like the housing market is never good. It's either bad or it soon will be.\u2026","rel":"","context":"In &quot;Disintermediation&quot;","block_context":{"text":"Disintermediation","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/disintermediation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/10073","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=10073"}],"version-history":[{"count":2,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/10073\/revisions"}],"predecessor-version":[{"id":10075,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/10073\/revisions\/10075"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=10073"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=10073"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=10073"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}