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Old 10-01-2006, 07:00 AM   #1
Essefsbyday

Join Date
Oct 2005
Posts
477
Senior Member
Default US Housing starts drop 17.6%
It means inflation is rising and the demand for new houses is declining. It means proprty values will drop because fewer people are interested in buying. It means my buddy, who is a general contractor, will have some lean months ahead - he is already out of work. But, it is all transient and 9 months from now things could be completely opposite..
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