Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: reaper who wrote (169820)	6/3/2002 12:20:12 PM
From: reaper	Read Replies (2) of 436258

There is no real estate bubble. Builders are not building on spec. There is only 4.2 months supply of new homes. We are not repeating the excesses of the 1980s. In April the value of construction of places to live was at the highest level EVER. To re-prise my favorite Sesame Street skits, which one of these is not like the others. Cheers biz.yahoo.com "During the month the nation spent a record $425.5 billion, at an annualized pace, on places to live. The value of construction on single-family homes was unchanged from the record high in March. "

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