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BOOM: HOUSING STARTS BLOW PAST EXPECTATIONS TO 760K (Analysts expected 745K Annualized)!!!
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[quote:Saddletramp:MV8xOTI3OTkxXzMyMjg4MDgyXzcwQjIyODc2] In Florida whole subdivisions are just vacant and rotting. Condominiums took a 75% cut in value, and whole buildings sit empty and unused, so what's the answer? Build more houses of course!!! It's the cheap interest rates that are driving this, but with rates so cheap for so long, people only want "New" houses, the value of existing houses is still dropping, meaning your house is now like your car, a constantly depreciating asset! :pigchef: [/quote]
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The Money Game‏@themoneygame
BOOM: HOUSING STARTS BLOW PAST EXPECTATIONS TO 760K (Analysts expected 745K Annualized) [
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