To: kristinn
Housing has been selling like hotcakes. There’s a puzzling disconnect with the economic growth number.
24 posted on
06/25/2014 6:02:58 AM PDT by
Zhang Fei
(Let us pray that peace be now restored to the world and that God will preserve it always.)
To: Zhang Fei
That and +600K job growth during the quarter. That is completely incongruent with a GDP number like this.
To: Zhang Fei
Houses > $1M are selling.....the lower market has been declining.
46 posted on
06/25/2014 6:12:35 AM PDT by
newfreep
To: Zhang Fei
Housing has been selling like hotcakes. There’s a puzzling disconnect with the economic growth number.There is no mystery. Housing is being bought up by foreign investors and then rented back to Americans who pay the rent with welfare, unemployment insurance and disability insurance benefits.
135 posted on
06/25/2014 8:32:19 AM PDT by
webheart
(We are all pretty much living in a fiction.)
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