LOOK closely at above chart, observe HISTORIC growth during the 1980's BOOM...all the way until just recently. The 2000-2003 Recession that wasn't didn't halt this growth.
The current decline is UNPRECEDENTED, the gov't (debt machine) and FED have stepped In to SUPLIMENT this loss of debt/credit creation......hosuing is a key component to our economic puzzle and I have shown it has been totally resistant to all that has been thrown at it....in attempts to revive it.
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