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Strategies & Market Trends : Buffettology
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To: vampire who wrote (2708)12/20/2000 4:44:10 PM
From: Dale Baker  Read Replies (2) of 4690
 
Don't forget to factor in employment - unless unemployment suddenly spikes (which no one expects that I have heard) then folks will still buy houses based on expecting steady income.

That's where lower rates can make a marginal difference in inducing a new home purchase.

If we get huge layoffs next quarter and unemployment back over 5% I would give up on housing plays.
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