Between public company financial releases, market moves, and all sorts of economic indicators (mostly bad), it has been a busy, busy news week for us at BUILDER Online. This week’s edition of Builder Blocks contains just a sampling of these story links, from the demise of Taylor-Morley Homes to the latest home building salary numbers. (Here’s a snippet: “There is no demand for land professionals right now. Anyone who is in land and still has a position is a lucky soul.”) To catch up on the headlines you missed, visit http://www.builderonline.com/news/latest-news/.
But my favorite housing stories this week come not from the United States, but from all places, Karachi, Pakistan, where National Public Radio anchor Steve Inskeep has begun a global series on the “urban frontier.” (You can find full coverage at http://www.npr.org/templates/story/story.php?storyId=9108337.) You may think, as I initially did, that a series of stories on Karachi would hold little interest when the American housing market appears to be crumbling into a pile of bricks at our feet, but I found myself completely engrossed in these tales of illegal housing, luxurious waterfront condo towers, and the tug-of-war between developers and activists.
Here’s just a sampling: “Steve McCartt, a native Texan who works for Emaar, shows off a model one-bedroom apartment inside the company's sales building. ‘We've learned that the market in this part of the world absolutely loves California,’ he says. ‘Where are you in the world? You don't know necessarily. Is this Karachi-specific? No, not at all.’”
Got to www.npr.org and listen to these stories, which are both a welcome and thought-provoking break from the gloom and doom headlines that dominate our housing market—and coverage—right now.
Get Housing Headlines
Have you taken a “tumbl” yet? Check out BUILDER’s hand-picked housing headlines from around the Web at http://builderonline.tumblr.com. After all, Builder Blocks contains only a sampling of the week’s top housing stories.
Please e-mail any comments, questions, suggestions, and news tips to Denise Dersin, Builder’s Editor in Chief. She can be reached at email@example.com.
Learn more about markets featured in this article: San Francisco, CA.