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Will rising intrest rates impact new home starts?Follow

#1 Jun 30 2004 at 5:35 PM Rating: Default
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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?

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#2 Jun 30 2004 at 5:39 PM Rating: Decent
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..duuhh

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#3 Jun 30 2004 at 6:45 PM Rating: Good
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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.
#4 Jun 30 2004 at 6:48 PM Rating: Default
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You could always buy a house in Van Nuys :)
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Disclaimer:

To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.

#5 Jun 30 2004 at 6:55 PM Rating: Good
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Yikes.
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