The real estate market is supposedly improving. It is hard for me to believe that is true when the unemployment rate continues to climb. How can people who are still without jobs afford to buy houses and apartments? If companies are not hiring, then how are recent graduates to rent their first apartments? With obtaining a mortgage becoming harder and harder, the real estate market cannot improve for the average person.
It would be imprudent for the vast majority of Americans to enter the market until they know their jobs are secure. You do not buy a home theater of the absurd.
Can any industry in the United States from cars to real estate really have sustained growth if our government does not have sound economic policies? It is a question that needs to be answered or else nothing of value or of any duration can happen. With each economic downturn the country looses standing in the world. Great nations are not just militarily powerful. Military power is unsustainable without economic power ... one needs only to take a look at Russia to find the latest example of that fact.
Home Theater
I know, This is Economic Recovery? Interested This:
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