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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (3812)8/2/2002 4:25:26 PM
From: Mannie  Read Replies (3) | Respond to of 89467
 
With rates that low, it would seem that we will see a cannabilization of home sales for many years out-actually we are probably already seeing that scenario. In the same way that 0% auto financing is devouring the next couple of years of sales, up front.

When rates begin to rise again...consumer spending could just disappear.

scott