To: GodGunsGuts
Regardless of what one’s theories about economics are, it is IMHO a fact that the price of a house cannot remain completely out of whack with what people can afford to pay, at least not forever. The cost of most houses most places is NOT going to keep going steadily up forever and ever. Yes, the MSM and RE Get Rich Quick hucksters may see this as a recession, weakness or a downturn, but it isn’t.
29 posted on
09/21/2007 6:07:48 PM PDT by
RedStateRocker
(When the government fears the People= Liberty. When the People fear the Government =Tyranny)
To: RedStateRocker
It is much, much bigger than the housing market. The housing market is but a small part of what will become serious economic woes. The good news is that if one learns how to adapt one’s investment strategy in both bull and bear markets means one can prosper no matter what the market does. If you don’t know how to invest in a bear market there are plenty of books on the same. In the meantime, here’s something that will give you a glimpse of the magnitude of the problem that faces every American.
http://www.freerepublic.com/focus/f-news/1899312/posts
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