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

To: patron_anejo_por_favor who wrote (270658)8/23/2010 9:40:28 PM
From: neolibRead Replies (2) | Respond to of 306849
 
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.......

And we're making sure the hitech cures in the future (and the associated jobs) all get made in China where they don't have the following problem:

cnn.com

God Bless America!

EDIT: Oops, I see BC beat me to this one.



To: patron_anejo_por_favor who wrote (270658)8/23/2010 9:51:53 PM
From: James HuttonRespond to of 306849
 
"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."

Yes, the homies are now so small that the massive tax refunds they got this year rival their market caps.

Ah well, pretty soon those abandoned homes will all be Section 8 housing, so something good will come of the whole mess.


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