Monday, April 28, 2008

Inland Empire Office Completions

Taking a peek at office completions for the Inland Empire and I am reminded by the Rowing Song from Willy Wonka & the Chocolate Factory (the original 1971 movie with Gene Wilder)

The Rowing Song
Round the world and home again
That's the sailor's way
Faster faster, faster faster
There's no earthly way of knowing
Which direction we are going
There's no knowing where we're rowing
Or which way the river's flowing
Is it raining,
is it snowing
Is a hurricane a–blowing
Not a speck of light is showing
So the danger must be growing
Are the fires of Hell a–glowing
Is the grisly reaper mowing
Yes, the danger must be growing
For the rowers keep on rowing
And they're certainly not showing
Any signs that they are slowing

My sentiments echo that of Veruca Salt: "Daddy, I do not want a boat like this".

As is often the case in these matters, the markets punishment of "excessive exuberance" in office construction will be swift, harsh and without prejudice.

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