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发表于 2010-12-29 02:09 AM
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Fed wants to boost inflation to hold the housing market, but higher inflation will mean less money for people to spend in housing purchase. Wage is increased slower than inflation, and basic living cost is increased faster than inflation.
Housing market will be down in coming years, likely to 2015. After it, it will be dead water for 10 more years that the memory will keep many people away from it. It will be back to its basic function: a place for people to live. |
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