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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Proud_Infidel who wrote (36384)7/27/2005 1:48:35 PM
From: patron_anejo_por_favorRead Replies (3) of 306849
 
Good article, and excellent point. At a time when jobs are moving overseas in droves, we're promoting an unproductive asset bubble in housing. This is robbing other industries of capital investment to fund what is essentially a consumption item. Bad business, and bad for business prospects in the intermediate term and longer. We need to level the playing field to slow down the malinvestment in housing and encourage capital investment in other sectors if we are to have a prayer of taking on the Chindians.
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