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To: central_va; All
Higher interest rates hurt the housing market, one of the key engines of economic growth.

Housing starts just reported were +3.5% over last month to 1.256M, which is higher than any point during the 0% interest rate period of 2008-2016.

The economy is growing at a 2.9% annual rate, a full point higher than it was before the Fed started increasing rates.

The housing market and the economy are doing just fine in this environment, despite what fools folks like you think about it.

88 posted on 12/22/2018 6:13:11 PM PST by mac_truck (aide toi et dieu t'aidera)
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To: mac_truck

4% GDP is normal. And how high would housing be if interests were lowered or remained steady? A lot higher. The housing market is at risk FOR NO REASON OTHER THAT POLITICAL - TO GET TRUMP:. Get in the game you are being played.


89 posted on 12/23/2018 5:43:08 AM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: mac_truck
The housing market and the economy are doing just fine in this environment, despite what fools folks like you think about it.

You are being played, you are an idiot naive.

90 posted on 12/23/2018 5:45:11 AM PST by central_va (I won't be reconstructed and I do not give a damn)
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