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Jun 05, 2005

Idle thoughts -- that's what a blog is for, no?

In a more global vein, I have long thought that the long-term increase in housing values (and I do not use the term price because I want to get across the idea that it is not a one-way street dictated by sellers) is because of some deep awareness, stemming from the late 60s and Earth Day etc etc, that there are some limits to growth. And that, in Jacksonian terms (the historian Jackson) we have "closed the frontier" and that certain resources are finite. Market values are as much a matter of perception as reality and I think that the environmental movement transformed perception. This change has by-and-large been quite positive with the one exception that for some reason the environmental perspective tends to leave human ability to respond out of the picture. By this I mean that the self-correcting, "cybernetic" mechanisms of society -- both regulatory and market-based -- are too often put by the side and straight-line projections allowed to dictate the discussion.

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Why are the comments to your former interesting blog closed, Mr. Sucher?

Huh? I don't think comments are closed. You just left a comment. No? What am I missing?

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