Wednesday, January 20, 2010

Cold Weather Chills Housing Starts - WSJ

Link to article:  Cold Weather Chills Housing Starts


Wei min's comments:

Housing starts should tumble because we are in the midst of a foreclosure glut, real estate crisis and price declines of up to 40%. Just because housing starts were a certain number last year does not mean they should be at the "run rate" this year.

We would be in bad shape if housing starts increased.

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