Friday, October 27, 2006

Are You Feeling The Stress?

For most Americans, their home is most of their net worth. So reduction in value is reduction in net worth. Pretty simple really.

So go ahead Repugs and campaign on the economy and watch the folks out there reject you because they are worth much less now because of you.
The price of existing homes last month fell 2.2 percent, the largest monthly decline in the almost four decades the number has been tracked, according to an industry report released yesterday.

Nationwide, the number of existing single-family homes sold fell 14.2 percent in September compared with September 2005, according to the report from the National Association of Realtors. The number of sales has fallen each month since March.

So thank you bushco for taking away what little Americans still had. Assholes.

(read more)


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