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When the housing boom ends, what is the possible impact on the US economy? This is a broad brush look at three major potential problems:1) Increased Unemployment.2) Loss of mortgage equity withdrawal on consumer spending.3) Financial distress.
When the housing boom ends, what is the possible impact on the US economy? This is a broad brush look at three major potential problems:
1) Increased Unemployment.2) Loss of mortgage equity withdrawal on consumer spending.3) Financial distress.
Angry Bear - When the Bubble Pops...