| Gloomy tales http://www.manhasset-specialty.com/wine-country-casino-jobs/ wine country casino jobs There is another way to interpret the data, but since alternate analyses do not conform to the narrative, they are ignored. The chart above shows that mortgage applications and housing sales have diverged from their usual relationship because over 60% of new house purchases are cash deals by speculators, not consumers. How soon the mainstream media forgets that a housing market inflated by speculative activity is a bubble テδ la 2006.
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