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

To: James Hutton who wrote (270651)	8/23/2010 7:52:44 PM
From: Broken_Clock	Respond to of 306849

"Housing is now a small part of the economy" it's certainly a lot smaller part of many folks' retirement savings ;<(

To: James Hutton who wrote (270651)	8/23/2010 8:32:23 PM
From: patron_anejo_por_favor	Read Replies (2) \| Respond to of 306849

>>"Housing is now a small part of the economy; it won't effect the recovery."<< It IS a small part....problem is, from 2003-07 when it was a BIG part it was responsible for 40% of all new job creation. And nothing has replaced it, unless you wanna sling burritos and Chipotle or run a pawn shop maybe. We wasted 5 years of recovery on economic junk food by building houses. Now we're in the inevitable diabetic coma....... This one goes out to T3 and all the boyz 'n gurlz at da FED! Parental discretion strongly advised! youtube.com