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Busted recovery: How much is housing to blame?

Posted on 17 August 2011

In early spring, when the news came out that housing had entered a double dip - prices were falling again - it seemed like an outlier. The jobs market was picking up steam. Corporate profits were up.
The stock market was rising. A lot has changed in just a few months. Now the question is whether housing was a leading indicator for the economy, or was it just leading the economy……………………………………….Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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