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Chart On Housing Starts Over The Decades - It Ain't Good Right Now

By Jerry O'Donnell

Real Estate Agent with JOD Realty, LLC

December 16, 2009 10:41 PM

Whoohoo! If I listen to the NAR we we are in a recovery! Green shoots everywhere!

Hmmm, maybe not.

Saw this chart while surfing today:

Let us see. Real unemployment over 20%, foreclosures galore, jobs heading overseas, unsustainable government debt, massive entitlement spending increasing with NO way to pay for it, taxes going up everywhere.

Hey, what could go wrong?

The "Powers That Be" in the real estate industry need to stop the Pollyanna crud and start dealing with reality. Start fighting for a return to free markets, lower taxes and LESS government regulation. Let the free market work like it always does, if allowed to.

Re-Blog

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Alexandria Virginia

Featuring Susan Craft, CRS, REALTOR® - McEnearney Associates - Alexandria, VA

Real Estate Editor

Great chart Jerry. I was shocked to see Ben Bernanke as Time Man of the Year. He has headed us off the cliff, while he has that stupid grin on his face that indicates he is nothing more than a puppet.

Dec 16, 2009 10:45 PM

Lisa VonBargen

Photography7522 - Estes Park, CO

Estes Park Real Estate Photographer

It is so interesting to see various sets of data that can completely contradict each other. I agree with your free market statement...that would be the fastest way to get things working again. Great post!

Dec 16, 2009 10:46 PM

Charles Stallions

Charles Stallions Real Estate Services - Pensacola, FL

850-476-4494 - Pensacola, Pace or Gulf Breeze, Fl.

Where are all the leaders gone? Most Americans are like sheep being led to slaughter.

Dec 17, 2009 12:40 PM