To: MeneMeneTekelUpharsin
This is not hype. If anything understatement.
If you are Democrats the problem is that Housing
will not go down quick enough to ruin things before 2004.
They may be why the report is understated.
However, the Housing market has been one the thing
used to prop up the economy with its continued expansion
the economy will really be in bad shape.
And were Housing is real in for mean have is after
2004 then things could start getting really
bad as huge debt continues to push interest rates
higher.
To: Princeliberty
I'm curious as to what will happen when droves of baby boomers retire and sell their homes to hit the road in motor homes. I suppose vacation and retirement property might be booming still but large houses might be hard to move. Oh well, whatever happens it won't be dull.
7 posted on
08/20/2003 6:34:45 AM PDT by
Tailback
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