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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: RetiredNow who wrote (264232)7/26/2010 11:42:55 PM
From: tejekRead Replies (4) of 306849
 
Remember, 90% of the population is still employed, many of whom are not worried about losing their jobs.

That's just not true. The true rate of unemployment is double that. The government statistics don't count people who have stopped looking or have been looking for too long. The real rate is more like 20%.

This is part of the problem. Government statistics are 90% bullshit.


Sorry, MM, you all are too negative. I could tell you that everybody gets free strawberries tomorrow and you would ask if they are organic. In the future, I will not try to burst your bubble.
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