Wednesday, July 9, 2008

Gov't Says "Housing Slump may linger until fall"

Really? No! Say it can't be so. Gov't analysts say that it appears that the housing slump may linger until fall, with slow recovery over the next year. Try again, housing demise extends through 2009, mid 2010, and recovery starts somewhere around 2012. That is unless the recession turns into a depression and then it will be somewhere around 2016 before the recovery begins.

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