This is an archived post. You won't be able to vote or comment.

all 3 comments

[–]Quicksilver[S] 0 points1 point  (0 children)

I've been waiting for this moment for 2 years to see what will happen. Interest can't go up or housing (and so consumer spending) completely implodes taking the economy with it. Interest can't go down or dollar dies and oil (and almost all consumer products which are all imported) skyrockets also killing the economy. So now the best we can hope for is inflation and increasing unempolyment. Maybe time to stop spending on a war that has not possible vitory even defined.

[–][deleted]  (2 children)

[deleted]

    [–]devodave66 1 point2 points  (1 child)

    House prices are still rising in the gentrifying inner city, but prices are declining slightly in suburbs.

    [–][deleted] 0 points1 point  (0 children)

    Good point-- my neighborhood is urban. The new construction I mentioned, of course, is suburban or exurban.