Home prices will decline faster under Obama gov't?

Discussion in 'Economics' started by crgarcia, Dec 24, 2008.

  1. First, lower oil prices will make new unsold homes come into equilibrium slower, as costs decrease.

    Second desperate unemployed owners will accept poor deals.

    Third when they realize Obama will NOT be the economic recovery miracle they expect, confidence will further erode.
  2. jane


    Setup for a landgrab
  3. talknet


    The correct statement is "Homes will decline faster under Obama gov't"