Housing Has Fallen Off a Cliff, With the Economy Following! How Solar Could Give it a Boost
The Doomer: Housing numbers came in at the worst levels since 1963, when the government started keeping track of housing statistics.
It seems almost impossible to sell a house in many parts of the West.
Supply of houses on the market are at an all time high with no relief in site.
This is our warning that the economy is about to fall into another deep recession, even if we only statistically came out of the last one.
So much of what is sold in the retail sector is for the home.
When people are stuck in their homes, because they cannot sell it, they have no motivation to go out and buy furniture or upgrades for their house.
Houses on the market for more than 200 days are the norm in many affluent areas of the West.
Many of these home owners have less or no income since the recession began and have no chance of refinancing or selling there houses at a price above their mortgage balance.
They are buying only the essentials, food and clothing for their kids.
Their stock portfolio's have been used to pay their mortgages and this money is running out, especially since the stock market is falling and will probably fall further.
The government must stop bailing out the banks and start infrastructure, transportation, alternative energy projects to get the economy moving.
Its been two years since the major down-turn began even if the economy was very slow before the recession began.
Nothing has changed in the past two years, no new financial regulations, no meaningful projects, nothing, just the government kicking the can further down the road.
We have been told new projects will start, but nothing ever happens.
Many of the above projects will be a waste, but at least it will get people working for a living and not sitting at home blogging or watching TV.
California is 90% desert with the largest population in the country and one of the worst economies.
Today, Solar Energy is not as efficient as natural gas or nuclear, but a push to go local solar would get a lot of California working again and possibly bring the BTU efficiencies much higher over their first life cycle, about 15 years.
Most of California is sunny the majority of the year.
If Solar is going to be one of the main alternative energies, California is the place to get the industry really started; not next year, but today, come on government.
This is your chance to do something and get the economy moving again.
Reforming education in California is not going to put the state back to work, but a large alternative energy project might be a start.
As I said there will be huge wastes, but along with the wastes new technologies will be developed with huge benefits.
Let's get people working again and make all homes and manufacturing plants in California partially solar.
Sure we have heard of the problems with the solar industries in Spain, but we can learn from their mistakes and get California working again.
Oh, you ask where is the money going to come from? Well, for a start, the government is giving banks 0% financing as they charge us 29% for credit card interest, maybe giving the people and manufacturing companies 0% financing to upgrade to solar would be a start.
Just Common Sense
It seems almost impossible to sell a house in many parts of the West.
Supply of houses on the market are at an all time high with no relief in site.
This is our warning that the economy is about to fall into another deep recession, even if we only statistically came out of the last one.
So much of what is sold in the retail sector is for the home.
When people are stuck in their homes, because they cannot sell it, they have no motivation to go out and buy furniture or upgrades for their house.
Houses on the market for more than 200 days are the norm in many affluent areas of the West.
Many of these home owners have less or no income since the recession began and have no chance of refinancing or selling there houses at a price above their mortgage balance.
They are buying only the essentials, food and clothing for their kids.
Their stock portfolio's have been used to pay their mortgages and this money is running out, especially since the stock market is falling and will probably fall further.
The government must stop bailing out the banks and start infrastructure, transportation, alternative energy projects to get the economy moving.
Its been two years since the major down-turn began even if the economy was very slow before the recession began.
Nothing has changed in the past two years, no new financial regulations, no meaningful projects, nothing, just the government kicking the can further down the road.
We have been told new projects will start, but nothing ever happens.
Many of the above projects will be a waste, but at least it will get people working for a living and not sitting at home blogging or watching TV.
California is 90% desert with the largest population in the country and one of the worst economies.
Today, Solar Energy is not as efficient as natural gas or nuclear, but a push to go local solar would get a lot of California working again and possibly bring the BTU efficiencies much higher over their first life cycle, about 15 years.
Most of California is sunny the majority of the year.
If Solar is going to be one of the main alternative energies, California is the place to get the industry really started; not next year, but today, come on government.
This is your chance to do something and get the economy moving again.
Reforming education in California is not going to put the state back to work, but a large alternative energy project might be a start.
As I said there will be huge wastes, but along with the wastes new technologies will be developed with huge benefits.
Let's get people working again and make all homes and manufacturing plants in California partially solar.
Sure we have heard of the problems with the solar industries in Spain, but we can learn from their mistakes and get California working again.
Oh, you ask where is the money going to come from? Well, for a start, the government is giving banks 0% financing as they charge us 29% for credit card interest, maybe giving the people and manufacturing companies 0% financing to upgrade to solar would be a start.
Just Common Sense
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