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The incredible shrinking middle class.
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<blockquote data-quote="brett636" data-source="post: 289896" data-attributes="member: 249"><p>All indications seem to point to yes, but I would have to disagree with the fed's decision to keep lowering rates. They need to atleast maintain them, if not raise them. When rates were low people who should not have been buying houses did so, and now its time for some economic cleansing forcing them back into the rental units they came from. Lowering rates only prolongs the situation, possibly causing another housing downturn in the future. The only real problem with what I suggest is the uncertain political future. If the democrats get the oval office and maintain the congress they are going to use the government as daddy warbucks using my tax dollars to pay for people's bad decisions. Some people need to learn what personal responsibiliy really is.</p></blockquote><p></p>
[QUOTE="brett636, post: 289896, member: 249"] All indications seem to point to yes, but I would have to disagree with the fed's decision to keep lowering rates. They need to atleast maintain them, if not raise them. When rates were low people who should not have been buying houses did so, and now its time for some economic cleansing forcing them back into the rental units they came from. Lowering rates only prolongs the situation, possibly causing another housing downturn in the future. The only real problem with what I suggest is the uncertain political future. If the democrats get the oval office and maintain the congress they are going to use the government as daddy warbucks using my tax dollars to pay for people's bad decisions. Some people need to learn what personal responsibiliy really is. [/QUOTE]
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