[cardiacpaul]

rick, you just don't get it... you are familiar with supply and demand aren't you? once again, here are the figures.

Year Single-Family Multifamily Total
2006 1,465,400 335,500 1,800,900

thats one million, four hundred and sixty five thousand

2005 1,715,800 352,500 2,068,300
one million seven hundred and fifteen thousand

2004 1,610,500 345,300 1,955,800
I'm bored...

2003 1,499,000 348,700 1,847,700
2002 1,358,600 346,400 1,704,900
2001 1,273,300 329,400 1,602,700
2000 1,230,900 337,800 1,568,700
1999 1,302,400 338,500 1,640.900
1998 1,271,400 345,500 1,616,900
1997 1,133,700 340,300 1,474,000
1996 1,160,900 316,100 1,476,800
1995 1,076,200 277,900 1,354,100

for almost ten years we had almost 10% growth every year!!!! Now I'm not the brightest bunny in the forest, but population growth has not kept pace with the number of housing starts. (I suppose all those housing starts were bushs fault too, same with the no doc loans, bush said, yup dammit, you don't need to verify income at all, stated income is good enough. Wasn't that on C-Span? )
Face it Ricky, you don't have any more ess-plainin' to do, the sky isn't falling, just your little corner of the boom went bust. Deal with it. Windy season is coming up, with all of the existing homes sitting, I think roofing materials will be real big this year.

I had to bite the big one when telecom was far over valued and companies were laying fiber like it was pasta, routers with COG's of 800.00 were selling for 125k.
Switching platforms with OC192 cap were popping up like poplar saplings... one day, somebody finally said... Umm, fellas, we got enough capacity to download porn to every desktop in america at 10MBs. That was it, bubble over. Good times, gone bad. Shite happens. I count the stock options I got like TP. The ones I did cash in, I was grateful. I didn't blame Reagan, Clinton, or deregulation.
Ok, I blamed Bill Gates, the rat bastard.

The 14 percent decrease to an annual rate of 1.006 million, the lowest since 1991, followed a 1.173 million pace the prior month, the Commerce Department said today in Washington. For all of 2007, starts were down 25 percent, the biggest decline since 1980, to 1.354 million.
sniff, sniff, I'm bawlin' my eyes out. Centex tripled in size, Pulte doubled... More white good sold than anytime before. Kohler almost doubled sales from 2002-2003, almost doubled again 2003-2004, doubled again from 2005-2006... why? lots of new faucets (and other things) Carrier residential, Rheem, and Trane/IR/AS all had record DECADES. Funny they dont' mention that we had ten years of growth that outpaced the post WWII boom. Again, Shite happens.