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Necessary conditions for housing recovery now in place
The three market changes that are necessary for the housing collapse to end and a susrtainable recovery to begin are now happening quickly. Banks and other lenders are now substantially re-capitalized, the surplus inventory of homes for sales is being sharply reduced and home prices are falling rapidly in the most depressed housing markets. Each of these three processes is sufficiently complete for housing starts to stabilize or at least only decline marginally in the next few months.
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Favorite Book 2007
The Toyota Way is my favorite book for 2007. It had so many good ideas that I could not keep up and ended up reading it again and even buying the Field Book to go along with it.
Download Elegant Solutions from Change This which provides some highlights of the Toyota Production System. Too many ideas that are applicable to contractors to even count!
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