But asking a bank economist or real estate market insider about the
likelihood of a soft landing is like «asking your barber if you need a haircut,» says George Athanassakos, a finance professor at the Richard Ivey School of Business, who expects a «severe correction,» and soon.
Soft landings calls for the creation
of soft landings champions — one on the client side and a matching person on the supply side.
Worried that Britain's supplies of easily mined coal would be exhausted, Jevons suggested that Britain prepare for coming fuel shortages by (in Tainter's words) «using the coal - given prosperity for posterity and for a
sort of soft landing at coal's limits.»
However, the
publisher of the Soft Landings Framework, the research consultancy BSRIA, is detecting seismic movements, and there is growing evidence of its adoption in many sectors, particularly schools.
Their counterparts
speak of a softer landing and a longer, slower adoption of change — a level of change that is easier to grasp and easier to implement over time — in which technology is mainly lawyer - centric, enabling and empowering the individual lawyer to do more, more efficiently.
It is clear those involved or agreeing with the
concept of a soft landing have not reviewed the data CREA itself refuses to release to the media or public.
As the housing market in Canada begins to cool and the federal government
talks of a soft landing for home prices, rather than a hard crash, attention is turning to the factors that fed record borrowing and contributed to overheated sales and price increases — and the risks that now lie within the financial system.
Housing starts have defied
predictions of a soft landing, and national housing starts throughout the first seven months of the year have trended around 200,000 annual units (chart 1).
But asking a bank economist or real estate market insider about the
likelihood of a soft landing is like «asking your barber if you need a haircut,» says George Athanassakos, a finance professor at the Richard Ivey School of Business, who expects a «severe correction,» and soon.
Still, even defenders see the best - case trajectory under Whitman as one
of soft landings, not interplanetary ascents.