My column for the June 2011 issue of Builder & Developer magazine is now online.
For this issue, entitled "New Tools to Prevent Another Boom-Bust Scenario," I wanted to review the reasons for the housing boom & bust and what we can do to prevent if from occurring again. This subject will also be the focus of two separate panels at this year's Pacific Coast Builders Conference in San Francisco.
From the column:
The building industry largely missed the signs of the housing bubble, ignored its profound consequences, and adjusted too late. What went wrong? How can it be fixed? And, going forward, how can we develop a more objective and comprehensive framework of market-based due diligence?...
To read the entire column, click here.
To read the entire June 2011 issue in digital format, click here.
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