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Industry Discussions / Housing Bubble


Subject:  projection 5-8 yrs Date:  7/26/2010  5:42 PM
Author:  susan400 Number:  11 of 11

"the worst June for new home sales on record.”

houses provide shelter but we just had WAy too many. people have 3 have 3, their own the one they were going to move to and then the spec that seems too good to pass up. add in Now what? Underwater + RE Taxes, maintenance, ins

I think this goes on for 5-8 yrs.
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