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What hope? There are only observations of reality and projecting them forward. Is it necessary to recite the serious systemic issues faced by the nation? On another note, what happened to the excess inventory of homes from the last downturn?
Looks like much of it has been sold. More good news
"The current inventory represents a 5.4-month supply at the current sales pace, the lowest since February 2006 – before the housing boom peaked and the market crashed."
America will never truly come back until the stench of Bush finally leaves the atmosphere. The good news is that the odor is growing fainter by the day.
The only odor you smell is that of the corrupt communist now in office. He is stinking the country up..! Hopefully it will eventually be the smell of decomposition...
The only odor you smell is that of the corrupt communist now in office. He is stinking the country up..! Hopefully it will eventually be the smell of decomposition...
This is a shocking post. Wishing death on him for being President.
America is not coming back. Her best days are well behind her. We are in decline. How we manage it is what matters. We will not fail but we will never be what we were either. I am sure people in England also say "Great Britain is coming back" too. But the fact is that it is not ever going to be the undisputed leader of the world that it once was.
The only odor you smell is that of the corrupt communist now in office. He is stinking the country up..! Hopefully it will eventually be the smell of decomposition...
Which is still 700,000.00 below what is considered healthy. Single family home starts are down as well as building permits which speak to the future of construction
Looks like much of it has been sold. More good news
"The current inventory represents a 5.4-month supply at the current sales pace, the lowest since February 2006 – before the housing boom peaked and the market crashed."
What money did people buy these homes with? Many in the middle class have lost their wealth from the the 2008 downturn, so it can't be from savings. More debt, i suspect. How is more leveraging a good thing?
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