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

To: mishedlo who wrote (39298)	8/27/2005 1:29:49 AM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 306849

"We find that the red hot housing sector alone, which typically represents just 5 percent of the total economy, accounted for an astounding 50 percent of the overall growth in the U.S. economy by the first half of this year, and more than half of the private payroll jobs created since 2001 fall were in housing-related sectors," a Merrill Lynch report said this week. news.yahoo.com yes, housing slows and we are toast on the job front. The ONLY people that don't think we have a serious jobs problem are people involved in RE imho. The problem with this thread, is the people here are members of that RE group. So everything is hunky dory as far as they are concerned.