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Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:

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To: The Ox who wrote (3865)11/13/2014 4:02:42 PM
From: Jacob Snyder1 Recommendation

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<Home builders have been on a tear>

If they keep going up, they are also short candidates. Home prices, and home-building, are closely tied to changes in income. That's because (duh) mortgage payments are paid out of wages. Stagnant real wages for 90% of the population means that any uptick in the home-building industry cannot last. The weak upturn in the housing industry since the depths of the recession is an artificial creation of artificially low interest rates engineered by the government.
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