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


To: Giordano Bruno who wrote (287682)10/29/2010 11:19:11 AM
From: Les HRead Replies (1) | Respond to of 306849
 
Not much they can do. At least half of the job loss is due to the decline in housing construction and new financing. Absent a revival in real estate, full employment is probably around 7.5 percent using the fake BLS numbers or 10 percent if the 'discouraged' are included.



To: Giordano Bruno who wrote (287682)10/29/2010 11:33:27 AM
From: PerspectiveRead Replies (1) | Respond to of 306849
 
Hear, hear! That's all I want to vote on - sound monetary policy! I get no say in that whatsoever, and it's likely to have the greatest impact on my economic well-being of anything up for a vote right now.

`BC