All GLG News Analyses Filed Under: Real Estate Investment
Posted February 5, 2007Right on the Money
Analysis of: Housing Industry Masked a Weak Economy | articles.moneycentral.msn.com
Author: Kenneth Egan, Broker and Realtor Re/Max All Cities Realty
This article has excellent insight to the reality that the housing boom has been fueling the economy for some time. If housing were removed from GDP, we would be growing at about 1% per year, pretty anemic. The issue of overzealous lenders allowing 100% financing, stated income...
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