Arkansas Blog: Too much of a good thing

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Too much of a good thing

Economist and a banker discuss the oversupply of high-end houses in Northwest Arkansas. Continued growth in the region should work out the surplus in time, they say. In the meanwhile, some builders and bankers may rue their irrational exuberance.

Posted by Max Brantley on November 29, 2006 05:49 AM | Permalink

Comments

It's probably no worse than the abundance of new high dollar high rise condos being built in downtown Little Rock. How many people can afford $250,000 for a 1 bedroom condo and still pay the monthly condo and parking fees? The situation will correct itself in time.

Posted by: Severus | November 29, 2006 09:39 AM

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