And they still keep happening at rates unseen since the Great Depression. Yet, coincidentally, housing starts rose last month. But bear in mind with the foreclosures there will be a glut of housing on the market. We are fooling ourselves if we think that returning to the hay-day of the real estate bubble is going to solve financial woes. But it seems that is where we are heading. And sighs of relief are coming out of Washington, DC as well as financial master-minds, such as Goldman Sachs.
I'll keep eating my popcorn and watch from the sidelines.
Posts
No comments:
Post a Comment