WHERE DOES GROWTH COME FROM

http://www.epinet.org/content.cfm/webfeatures_snapshots_10292004

Last year almost $600 Billion for consumer spending came from the home ATM machine, as rising home values led to cashing out.

If anyone mortgage debt grew because of this, savings dropped to decades low.

It should be obvious that homes have given us near all they can, so how will spending be sustained?

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