why or why not?
2007-02-19 06:36:49 · 2 answers · asked by ? 1 in Business & Finance ➔ Other - Business & Finance
not really.. the reason I say that is we are in a pretty good economy... if you look in the past say 1970s.. you will see a bad economy... which we had a 10% umemployement rate with i think it was 21% interest rates and 19.5% inflations.. thats is when they came out with interest only loans.. lots of people lost homes then... but thats what you get when you raise taxes to 70% on the rich.. they fire people and hide the money.
most housing markets are in micro economys anyway.. so if it is slow in your area.. it will be good in another... pretty much as long as the gov doesnt get involved in the markets we are all good..
2007-02-19 06:42:04 · answer #1 · answered by Larry M 3 · 0⤊ 0⤋
well actually not really,
2007-02-19 14:39:13 · answer #2 · answered by Ashish 2 · 0⤊ 0⤋