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To: H James Morris who wrote (128419)7/15/2001 7:06:49 PM
From: GST  Respond to of 164684
 
HJ: Housing to me is part of the consumer equation -- but I suppose you are right and it is good to think of it on its own. Even in housing, interest rates are only half the picture. People who fear job loss -- and that is far more than the number of unemployed -- they are less likely to buy a new home.