Boom Boom.

China Dumps Treasuries: Foreign Central Banks Liquidate A Record $403 Billion In US Paper

U.S. Housing Starts Tumbled in November

So unless house prices drop significantly to make up the difference, demand will fall. Also the idea that job creation will add to the pool of future homebuyers is false, as such individuals are already loaded up with too much debt, and the incomes they derive from their low-paying, part-time service sector jobs barley provide enough cash to cover their rent let alone the much higher costs of homeownership.

Just another Manic Thursday... Daily Bad Bad

Being American... Daily Bad Bad

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