Ain’t that a bitch …
Ξ October 24th, 2008 | → | ∇ demwits, economy, politics |
… and two weeks before the elections.
Play Video Video: Greenspan’s Testimony FOXBusiness Play Video Video: Your Money: Understanding the Federal Reserve AP Play Video Video: Greenspan denies blame for crisis, admits ‘flaw’ AP WASHINGTON (Reuters) – Sales of previously owned U.S. homes rose 5.5 percent last month, the biggest gain since July 2003, and the inventory of unsold homes fell, a hopeful sign for a housing market mired in a long slump.
Overpriced housing and people stop buying. Housing prices fall and people start buying. OMG it’s rocket science.
The sky might not be falling after all.
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