to quote the beach boys ... i can hear (crickets)
My understanding is that there can be no economic “recovery” as long as the housing market is moribund.
America is exporting our very own jobs.
We need to promote American jobs.
Americans with jobs, build America.
But what about the WEATHER??? CNBC has blamed every bad economic indicator on the weather. It can’t use that excuse in the coming quarter.
Raise your hand if you ever believed there was a housing recovery.
I am having deja voo all over again. In March of 1980 I lost my construction job when the housing market crashed. I have been watching hussein destroy the economy and told myself when the houses stop being built the rest of the market will crash right behind it.
Of course this can’t be true because the tv tells me all is well and we are in a fine recovery. Silly me, I thought being 17 trillion in debt and having money printed as fast as possible to prop up the stock market was a bad thing.
Hang on for the ride, it’s gonna get ugly.
Another “unexpected” fact I’ll presume.
the scrutiny they put us thru...all our tax returns, casino winnings, even my electric and gas bill, even had to write a letter stating why I only work "part time" and even had them check my employment status even though we had w2's and several paycheck statements....
if I knew that the house market was going down I might have been tempted to go tell them to pound sand and find other suckers to drill...
A while ago, there was an article talking about the vastly overpriced Vancouver real estate market.
This is what $899,500 Canadian bought you in Vancouver.
In the depressed Irish real estate market, a hotel that was asking for $6 million sold for $860,000 - less than for the Vancouver $%^% box home.
Democrat recovery program in action.
Yeah. That's it. That's the explanation...