We need to start building again.

[WS_MJH]

Quote from peilthetraveler:

I said build them, I didnt say overprice them. Those buildings are empty because they are overpriced, not because nobody wants to live there.

You could say that about residential housing, but there's a lot of office, retail, manufacturing buildings that are empty because of a stagnant at best economy. We do need to be building again, and we need to build not more building but more companies.

We need to help entrepreneurs as much as humanly possibly, from taxes, to regulations to financial assistance as warranted. As long as society punishes those who try to build society, society will continue to be in decline.

 

[Larson]

Yeah, at least they are still intact. In some areas of shithole USA, the hood rats would have already torched and pillaged.

 

[Free Thinker]

the sad truth is that americas growth days are over. we are a fully mature society. we have all the stores, office buildings ect that we need. the only construction we need is replacing and maintence of what we already have that is falling apart.

 

[Martinghoul]

Quote from peilthetraveler:
I said build them, I didnt say overprice them. Those buildings are empty because they are overpriced, not because nobody wants to live there.

Omigod, does that mean that the free mkt doesn't work? There's empty buildings (supply) and you say there's people who want to live in them (demand). What the heck is goin' on?

 

[denner]

Quote from Martinghoul:

I thought the whole problem was that there was too much building/construction going on in the first place? Both in the US and in Dubai...

Is the solution then to build more?

Exactly, sounds like someone is going "full retard" on this plea to build more vanity skyscrapers.

Anybody have a clue just HOW MUCH commercial office space sits completely vacant across this country right about now? It's absolutely frigging mind blowing how much space was overbuilt in the commercial sector over the past decade. We need some vanity skyscraper like we need a hole in our collective heads.

Or maybe Peil wants us to blow more money and weaken the dollar further so we can all just ride the precious metals gravy train. I used to think the guy had some common sense, but lately his contradictions are so absurd, I figure he must be riding the crazy train.

 

[Scataphagos]

Quote from denner:

Exactly, sounds like someone is going "full retard" on this plea to build more vanity skyscrapers.

Anybody have a clue just HOW MUCH commercial office space sits completely vacant across this country right about now? It's absolutely frigging mind blowing how much space was overbuilt in the commercial sector over the past decade. We need some vanity skyscraper like we need a hole in our collective heads.

Or maybe Peil wants us to blow more money and weaken the dollar further so we can all just ride the precious metals gravy train. I used to think the guy had some common sense, but lately his contradictions are so absurd, I figure he must be riding the crazy train.

Some of us took "building" to mean, "build business, build the economy"... not real estate.

 

[denner]

Quote from peilthetraveler:

I said build them, I didnt say overprice them. Those buildings are empty because they are overpriced, not because nobody wants to live there.

There are literally not enough businesses in this entire country to fill all the empty commercial and retail space. It was overbuilt to such extremes that it will NEVER be occupied.

Kind of like the ghost estates of Ireland or the empty cities of China. I'm sure the coast of Spain has a similar issue as well. Point being that the train ran off the tracks years ago and the end user was not even a consideration while all of these projects were greenlighted. We're not even 5 years into the fallout and you're clamoring for more development.

 

[bone]

Umm, Nancy Pelosi and Harry Reid and Barack Obama shoved a $900B 'shovel ready' construction & building 'stimulus program' down our throats three years ago, Yes ?

Quote from peilthetraveler:

better our tax dollars going towards people who are working and building things than tax dollars going towards people sitting home watching oprah, right?

 

[stopnlimits]

Quote from Free Thinker:

the sad truth is that americas growth days are over. we are a fully mature society. we have all the stores, office buildings ect that we need. the only construction we need is replacing and maintence of what we already have that is falling apart.

Most people don't understand that perpetual growth is impossible. I'm glad you do.