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Reply #2: It's been a booming market for way too long. [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Mary in KC Donating Member (288 posts) Send PM | Profile | Ignore Tue Apr-19-05 10:41 AM
Response to Reply #1
2. It's been a booming market for way too long.
Usually there are ups and downs. The downs make it possible for there to be ups. Its just the way the whole thing cycles. But this boom went on for about 14 years. A lot of people made a whole lot of money.

If housing goes down it affects all kinds of things - all the things that go into building new homes and furnishing them. This is not a good sign of things to come at all.
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