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SPDR S&P Homebuilders ETF Message Board

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  • firstamerican1400 firstamerican1400 Sep 3, 2010 9:54 PM Flag

    Why nothing can fix housing

    The fix is an agressive immigration policy for about 20-30 million new Americans, bringing in 250-500k as an entry fee. The US is overbuilt. Then return the US economy to a PRODUCER not a consumer/ service economy. We need to create jobs, and not double pay gov jobs, nor $10 per hour private sector jobs. The US has the highest corporate tax rate, don't blame the widget company for making widgets cheaper anywhere else but the USA, blame the unions, for the unreasonable demands, and tax policy. We can't compete with 3rd world countries, or anyone for that matter ? Save our great USA, do the math. Houses that sit empty in Florida with no AC, are tear downs,don't buy them, the mold and fungus will kill you, and you will never get it all out. People that don't pay that can, will get a big shock with a new law to pay it all back. There is no free Lunch. The housing crash was a criminal conspiracy, classic wealth extraction

 
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