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Skyscapers as Economic Signal?

An article in the Realestate Journal quotes Carol Willis, founder of New York's Skyscraper Museum . Her insights might show an interesting metric to gauge how overheated stocks may be.

She notes a similarity to the 1920's with respect to skyscraper construction, or more precisely, planning of late. Willis say, in the last paragraph:


...the curves, bends and contortions of today's tall buildings echo a skyscraper boom -- and eventual bust -- in the late 1920s. While many famous spires went up before the 1929 stock-market crash, she says there were "many more announcements for the tallest building or eccentric designs, some brightly colored, that never got built."

Could recent projects of grandeur be an indicator to what's ahead?mortgage calculator

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