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To: CalculatedRisk who wrote (21347)5/8/2004 3:53:35 PM
From: tontoRespond to of 81568
 
Housing starts have been surprising strong. When we have an increase in rates, it will slow down...no doubt, and the speculators in higher priced properties are going to learn once again, that real estate markets go down...



To: CalculatedRisk who wrote (21347)5/9/2004 8:20:36 AM
From: lorneRespond to of 81568
 
CalculatedRisk. you said...." It is really difficult to predict what will happen when housing slows."....

Some interesting stuff here including a bit on housing.

ILLUSIONS
by Jim Puplava
Storm Watch Update from Jim Puplava
Financial markets are part fiction/part reality with public perception acting as the driver.
financialsense.com