Smasharoo wrote:
Do you think the fed's increase in the fed funds rate by a quarter of a point will impact new housing starts in q3 2004?
I hope so, but at least in Southern California, I doubt it. Here the supply of homes for sale is so tight, that it'll probably not have much affect on demand.
Damn. I want to own a home, but refuse to pay these prices. I swear, if you were put up a toolshed for sale as a home here, it would probably fetch half a mil.