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Unemployment Increases, But Are House Prices on the Mend?
The broad tone of business related news over the last week is still not surprisingly focused around the effects of the recession on companies as well as trying to establish whether there are signs that a recovery is imminent. Job security and consumer sentiment are being looked upon as being the main barometers.
If the Car Industry Can Have Its Stimulus Bill, the Home Building Industry Should Have One Too!The “Clunkers-for-Cash” bill recently passed Congress in hopes that people will trash their old cars and buy new ones. The housing industry is faced with the same problem, getting people out of their old homes and into new ones. Why doesn’t everyone stay where they are, tear down their old home and build a new one in its place?