Bernanke says: NO MORE JOBS IN 2011 THRU 2013!

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Real Estate Agent with Thomas Waite Real Estate Broker
https://activerain.com/droplet/65T

Ben Bernanke just testified before the banking committee and broke the news to everyone that the economy is still in DIRE SHAPE and not to expect job growth for the next two to three years. 

He expects unemployment to be at least 8% through 2013 maybe longer.

LET ME SEE...WHAT CAN PEOPLE WITH NO JOBS...NOT DO?

 

ANSWER:  BUY REAL ESTATE, RENT APARTMENTS, SHOP AT THE MALLS, ETC, ETC.

 

Oh, and did you miss the part about Inflation for Food, Energy (Gas, Oil, Electricity) and Rent?

Looks like more:

FORECLOSURES

SHORT SALES

REOs

But remember...I didn't tell you so...Okay, Okay...I TOLD YOU SO!!!

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Tom Waite

THOMAS WAITE REAL ESTATE BROKER

PO BOX 3205,  CYPRESS, CA 90630

714-895-2174 Direct; 714-398-8292 Fax  Tom@TomWaite.com

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Rainmaker
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Pat Yoest
Century 21 Aadvantage Gold, 702-719-2100 - Las Vegas, NV
702-521-1442

Tom think happy thoughts.  We have not reachwed the bottom yet.  To reach the bottom there has to be buyers to buy and start absorbtion.  Ay least another year of foreclosures is evident.

Jan 08, 2011 01:56 AM #1
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Rainmaker
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Tom Waite

So Cal-Apartment Bldg Investments
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