This week's Worthy Nods in the news and on the blogs:
San Francisco Gate: Is Suburbia Turning Into Slumburbia?
The Economist: Green in the East - China and India are increasingly keen to show how they are tackling climate change.
New York Times: About 1 in 11 Mortgage Holders Face Loan Problems - Both the rate of new foreclosures and late payments surged to the highest levels since 1979, a new report says.
New York Times: International Agency Urges the Start of an ‘Energy Revolution’ - The International Energy Agency said investments of at least $45 trillion are needed over the next half-century to prevent energy shortages and greenhouse gas emissions from slowing growth.
Business Week: Don't Fear the Bubble - Could speculative booms and busts be good for the long-term health of the economy?
CoStar Group: REIT Week ’08 Redux: Uncertainty Marks More Somber Industry Conference - Predictions are that commercial real estate will dodge the big bullet. Barring a deep and prolonged recession the commercial real estate market ought to be able to side step a serious downturn.
Wired Magazine/AP: House of Lords reaching out to young with YouTube - See YouTube video.
Wall Street Journal: Foreclosures Rise 48% in May As U.S. Housing Woes Deepen
Wall Street Journal: LandSource Chapter 11 May Hit Calpers
MSNBC: Rising oil prices squeeze homebuilding sector - 'Unfortunately, I think we'll be caught in a squeeze,' says one top builder.
Forbes: Top Tips for Vacation Home Buyers
BigBuilder OnLine: Feds Fine Home Builders for Water Pollution - Four of the nation's largest builders are fined $4.3 Million by EPA & JD for failure to control runoff at construction sites in 34 states.
Forbes/MSNBC: The Most Expensive Homes in the U.S. - What a difference a year makes.
IHT, Raising the Roof Blog: Study finds 204 towers under development in Panama City - CBRE’s report found 204 residential buildings under construction or in pre-sales, representing 21,710 units
And la pièce de résistance ... The Wall Street Journal: The Donald Dinna Ken the Scotts - “As The Donald is beginning to realize, it’s not his plans for a world-class golf course near Aberdeen that have incensed so many Scots — it’s him.” Also see IHT Blog: Donald Trump’s performance in Scotland panned by critics.