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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Giordano Bruno who wrote (287682)10/29/2010 11:19:11 AM
From: Les HRead Replies (1) of 306849
 
Not much they can do. At least half of the job loss is due to the decline in housing construction and new financing. Absent a revival in real estate, full employment is probably around 7.5 percent using the fake BLS numbers or 10 percent if the 'discouraged' are included.
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