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Non-Tech : Investing in Real Estate - Creative Opportunities

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To: tejek who wrote (1911)8/21/2013 8:48:28 AM
From: RetiredNow  Read Replies (2) of 2722
 
This is my response to a post # 135997 (http://www.siliconinvestor.com/readmsg.aspx?msgid=29067271) you made on the Obama thread:

He's making a leap. The housing market won't recover until Full Time employment recovers. We have become a Part Time nation, with unemployed workers who've been searching for a job for more than 12 months not even counted in the unemployment figures. So getting the headline unemployment figure below 6.5% isn't going to do it. We need the Labor Force Participation Rate to to start climbing again, instead of it continue to plunge and we need for companies to hire Full Time workers with benefits. When we see that at scale, and if we're lucky enough to see mortgage rates continue to be at reasonable levels, then housing will see a sustainable recovery.

The good news is that we've seen a decent recovery already. I just wonder how sustainable it is, given that bond prices are dropping and yields are rising rapidly. That puts downward pressure on the housing recovery at the macro level. But I'm hopeful.
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