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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Lizzie Tudor who wrote (44881)11/19/2005 8:45:35 PM
From: John ChenRead Replies (2) of 306849
 
Lizzie,re:"RE bust will cause the lost of 1mm jobs". FALSE.
It will create 2mm jobs since people will be able to afford
to spend on anything they need and want instead of mortgage.
That will increase consumption instead of spiraling asset
cost that suck in capital, sooner or later, the spring needs
to be released. Sure, not until the special interest completed
robbing the treasury and slaved the future of others.
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