- Joined
- Sep 19, 2008
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- 10,177
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- Location
- New England
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- Undisclosed
Because what I hear on the news is a slow but steady improvemtn in real estate prices & sales, auto sales, etc.
Many economists think we are now out of even a recession, let alone still on the verge of another great depression.
Unemployment changes are usually the slowest indicators.
I never believed we were on the verge of another great depression. There's news and then there's hyperbole.
I would like to see where you see improvement in real estate prices and sales because where you and I live, prices are still trending downward. You also must take into account (if you do see spikes which I do not) is that summer is historically a great season for real estate. To spot and understand a trend, there must be continuous, long term growth. And no, I am not praying that there isn't one. I'd rather be 100% wrong on a message board then see prices and inventory continue to stagnate (if you consider stagnation to be growth).
I assume that was a joke, right?
Not at all.