the visible hand

it is the theory which decides what can be observed – einstein

Kudos to Hank Sims

Posted by ecoshift on May 30, 2007

Kudos to Hank Sims for recognizing that the forces driving real estate prices outside of Humboldt County may actually impact local affordable housing…

North Coast Journal May 10, 2007 : THE TOWN DANDY
Hank Sims

The Humboldt County housing market is part of an immensely complicated national and international economy, affected by all sorts of factors — for example, the desirability of real estate as an investment vehicle as opposed to the stock market. Someone’s buying those unaffordable houses. And if Humboldt County officials are to blame for rising home prices here, why have home prices boomed out of control all across the country?

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