Hi, I thought to cover two topics with this post. Keep it efficient. Spare your time. Blah Blah Blah.
Here is a timely story from christian science monitor. (bill clinton read it everyday in the wh, so it can't be all bad}
http://news.yahoo.com/...
The two main points to derive from this are:
- we may have a very severe housing valuation drop, with many american's holding negative equity (remember all those new fangled 0 down loans?). England had one of these for about a decade, reallly was a drag.
- The "evil" immigrants have been flooding to the cities and building up housing prices. They have effectively postponed our economic day of attonement.
This line may wake you up,,,"The number of homes sold in Massachusetts dropped a whopping 21 percent in January compared with a year ago, the largest year-to-year decrease in monthly home sales in a decade."
nothing more to add.
except perhaps you can deduce that bush's poll number to go sub 30 if a drop does roll out across the country.