Question:

Real Estate & Economy Question?

If 70% of the US economy is tied to consumer spending, and 30% of all jobs created since 2001 were tied to real estate (1.4 million), and housing is in freefall, well, doesn't that seem like a recipe for disaster?

Answer:

I dont think so there is all ways a way to make money in the realstate business.
May be, may be not. The fundamentals of U.S. economy is healthy. I think we can ride this one through. :)
maybe...don't believe the hype...the news has to compete for ratings too, so they only put stuff out there that will get a rise out of the viewing/listening audience.

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