Saturday, May 5, 2007
Where Housing Goes So Does Retail
10,000 homes will be developed in Roseville, California due to an annexation of 2,200 acres of farmland into the city's borders. Ten Thousand. Roseville, which is a booming town and a wealthy one at that, is continuing. Housing prices are slumping right now. Don't expect that to continue. The Central Valley is expected to grow dramatically in the next few decades, hiccups aside. Buy and hold. Buy and hold.