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Politics : President Barack Obama
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To: tejek who wrote (125336)10/27/2012 7:26:15 PM
From: LLCF  Read Replies (1) of 149317
 
Why??? Causae the second part of the statement "food, energy, everything from China".... has NOTHING to do with the cost of houses. Houses aren't an input into those goods.

You could see the "cost of building" something (house, commercial building) higher than the cost of buying an existing one for as long as you can imagine. There are many local markets where that has persisted for decades or longer.

DAK
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