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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated
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To: TH who wrote (102)1/10/2011 1:46:05 PM
From: Giordano Bruno  Read Replies (1) of 119362
 
Rosenberg - There are so few out there today willing to look past the next week, month, or quarter but the future is a very murky one in so many respects, especially the social ramifications of the 6.4 million long-term unemployed and the longer they are out of work, the lower their chances are of re-employment. Luckily for them, the unemployment benefits were extended, but by next year they will most likely be on state welfare rolls ? so long as the states can afford it.
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