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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: GraceZ who wrote (51686)1/27/2006 4:00:03 PM
From: John Vosilla  Read Replies (3) | Respond to of 110194
 
"If your thesis that housing feeds the economy, instead of the other way around were correct, all these lagging areas would have to do is build houses to get their economies going! Maybe someone would be dumb enough to try that, who knows."

People come and so they build in Florida. But did you know they build more homes in the burbs of Atlanta and Houston than anywhere else in the country. They have diversified economies that are strong, yet record foreclosures and no appreciation. Why is that?