Housing prices jumped at a rate above 6 percent in 1999 and increased rapidly and steadily as the decade turned, according to a recent study by the Brookings Institution. “After the mid-1990s … real house prices went on a sustained surge through 2005, making residential real estate not only a great investment, but it was also widely perceived as a very safe investment,” the study said. The prices eventually moved …Read the Rest
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Well that is the “billion” dollar question. Will this new package help the economy begin to come back rom this recession. The House of Representatives passed an $838B spending bill to pull the country out of this downward spiral. Lets take a little look. The House has put several projects in the plan that are “supposed” to create jobs and hel “jolt” the economy. Well some of the projects, in …Read the Rest
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