Bubble watch: Southern California builders slow construction plans
Bubble watch: Southern California builders slow construction plans
“Bubble Watch” digs into trends that may indicate economic and/or housing market troubles ahead.
Buzz: Southern California developers have cooled their aggressive homebuilding plans, cutting the pace of permitting by one-fifth after the fastest start to the year since 2007.
Source: My trusty spreadsheet looked at building permit data — notably the pace of monthly approvals — for Los Angeles,…
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