SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (13023)5/1/2004 12:15:06 PM
From: ild  Read Replies (2) | Respond to of 110194
 
Speaking about affect of housing on economy.
New home sales rate is 1,228,000
idorfman.com
Existing home sales
mam.econoday.com

Over 1 million houses resell now more than in 2001. Each sale injects from 5 to 10% of the house value into service economy. This alone amounts to $20-25 Bln stimulus.