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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (17460)2/17/2004 4:40:09 PM
From: OblomovRead Replies (1) | Respond to of 306849
 
Good point, however I think this has to do with the fact that the consumer market, which is usually very cyclical, was more stable through the recession than the business market. This may be a result in part of an overreaching on consumer debt. But, the tax cuts in 2001 and 2003 were substantial...there has definitely been an impact on consumer spending from them.


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