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Mom was yelling, run, charlie, run. What did the robber look like . He looked like my dad. But she said, it couldnt have been daddy. Who would take care of me. It was shocking. There was a lot more to this story. He was going to set the house on fire with kelly and the children in the house . Thats correct. A coldblooded killer. A bizarre scenario about what really happened. She fought to her last breath to save their life. Reporter the Finger Lakes Region of new york state, known for its breathtaking scenery, lush wineries, and brilliant fall colors. Its just a nice, laidback community. Very easygoing, a nice place to raise kids. Reporter 19 years ago, a new game skated into town. The elmira jackals, a Minor League Hockey team. Yeah, hannah reporter bringing a fury of energy and excitement to the area. When the jackals arrived, it really gave the community, the tow ....
From 1961 to 2,000 and leaves out the last deck a i did ask so it says how many newer homes do we really need here and its one and a quarter million and so may be between one and a quart million and one andahalf million is where we aught to be and so now im going to backup and go to the previous slide and if this was penciled in here it would be a horizontal line through this graph and we would find that we were building way too much at the height of the bubble and so where are we going from here we are going back to one and a quarter or one andahalf million or so overt course of next five years and considering we have been at 600,000 or so, if we go to one. 2 million that is a double in the pace of reconstruction activity the and twice as many framers roofers and home inspector and is then that has a booying fantastic on the overall economy having said that im not living with my head in the sand here i recognize that a lot of markets are still suffering a little bit and this graph sho ....
Lot better than whereas quarter would indicate and if you look at the forecast here we are looking for two gdp growth in the next years and so how do we get there and what are the various drivers of that and the first case is that residential construct construction is going to help and that is what got us into this mess so it may seem counterintuitive this is the most macro measure i can use to show the residential activity across the country and obviously this fell off the cliff during the recession and has not meaning fully retraced ground during that time period what might be useful is to think about if this is the demand for new homes what is the real im sorry the supply of new homes what is the demand for it how many new homes do we really need and nor to get a sense for that i look at this data series from the United StatesCensus Bureau and this is house of information a ....
One and a quarter or one andahalf million or so overt course of next five years and considering we have been at 600,000 or so, if we go to one. 2 million that is a double in the pace of reconstruction activity the and twice as many framers roofers and home inspector and is then that has a booying fantastic on the overall economy having said that im not living with my head in the sand here i recognize that a lot of markets are still suffering a little bit and this graph show yous you the change of value in home price from their local market peak to where they are at present the case sowler composite and San Francisco is halfway through the pack there down to about 33 and so whole values are still off from where they were before but if you look at where we are from the low point until where we are today, San Francisco is looking a little bit better and oakland is not a member cit ....