Friday, August 21, 2009
Existing home sales rising 10 times faster than rate we're building homes!
Data just released from the National Association of Realtors showed that existing home sales are rising at a seasonally adjusted annual rate of 5.24 million units. That's nearly 10 times the current, 581,000 units of housing starts.
The real estate downturn of the past three years--although severe--is going to end up looking like a blip years from now. We could be facing the "Mother of All Housing Shortages!
Read here.
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WHY IS IT THAT THE REPUBLICANS ARE BALKING ABOUT HAVING PEOPLE PAY FOR A GOVERNMENT BASED HEALTHCARE PROGRAM WHEN THEY SIMULTANEOUSLY COMPLAIN THAT POOR PEOPLE ALREADY GET FREE HEALTH CARE WITH MEDICAID, CHIP, AND FREE EMERGENCY ROOM.
IF ALL THE IMMIGRANTS GET FREE HEALTHCARE NOW, AND THEN ARE PUSHED INTO A LOW COST VERSION, IS THAT NOT ACCOMPLISHING TWO THINGS -ELLIMINATING THE EXISTING SUBSIDIZED FREE HEALTHCARE, AND FINALLY GETTING THOSE WHO DON'T PAY FOR IT TO FINALLY PAY ?
SO THE QUESTION IS NOT FOR OBAMA SOCIALIZING HEALTHCARE - HE IS ACTUALLY TRYING TO GET PEOPLE TO PAY FOR IT THEREFORE OBAMA IS CAPITALIZING THE EXISTING FREECARE !!!
SO THERE WILL BE REVENUE STREAMS.
THE REPUBLICANS HAVE IT ALL BACKWARDS AGAIN !!
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