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Iraq War Makes Real Estate Latest Economic Casualty
Bloomberg ^
| April 7, 2003
| John F. Wasik
Posted on 04/08/2003 12:44:44 AM PDT by sarcasm
Edited on 07/19/2004 2:11:12 PM PDT by Jim Robinson.
[history]
Chicago, April 7 (Bloomberg) -- Although mortgage rates hover around 40-year lows, housing sales appear to be the latest economic casualty of the war in Iraq.
Mortgage applications and housing sales have been chastened by the hostilities as real estate buyers head to the sidelines.
(Excerpt) Read more at quote.bloomberg.com ...
TOPICS: Business/Economy; News/Current Events
KEYWORDS:
1
posted on
04/08/2003 12:44:44 AM PDT
by
sarcasm
To: arete
ping
2
posted on
04/08/2003 12:45:21 AM PDT
by
sarcasm
(Tancredo 2004)
To: sarcasm
Don't like the market now? Wait a week!
3
posted on
04/08/2003 12:47:55 AM PDT
by
JimRed
(Disinformation is the leftist's and enemy's friend; consider the source before believing.)
To: sarcasm
Anybody who thinks a house is worth, long-term, anywhere near what it is "valued" at in the market today is a fool.
And you know what they say about a fool and his money...
4
posted on
04/08/2003 3:26:30 AM PDT
by
gridlock
(Whizzo Chocolate Co. regrets to announce that Crunchy Frog will be unavailable until further notice.)
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