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Welcome to Ungated

View Article  Back in Town

I have been away from the office for some time for chapter visits and our annual management company CEO retreat so haven't been posting here much.  But I am back now and hope to have some interesting things for you to consider in the near future.

And thanks to the more than 190 management company CEO's and senior executives who attended last weeks retreat in San Diego.  This was are best attended retreat ever!

 

View Article  Florida and California - Cause or Sympton

Interesting article on the Atlantic's web site today regarding the apparent correlation between foreclosure frequency and levels of credit card debt in Florida and California.  Based on this Forbes article, 8 of the top 10 cities in terms of credit card debt are in Florida and California.

You might also want to look at this Wall Street Journal blog post which contains a chart of 2008 changes in GDP, employment, and home prices by state.  Guess which states led the nation in home price declines?  If you said CA and FL you would have gotten 2 of the top 3 (NV is the "winner" here).   Interestingly, according to this data, reductions in GDP, employment, and home prices do not necesssarily correlate.