Two-thirds of our economy is consumer spending.

It seems that's the way the overall economy is headed with more and more people having to give up their homes and rent...I hope?

The good news for us at Forest Creek is that the community is very nice and will do ok in this bad economy.

I may be more interested flipping but I don't know how well the economy will support that right now.

I am currently reading "Building Wealth in a Changing Economy," also by Schaub, and "The Millionaire Mind" (not the "Secrets Of" one, but the one by the Millionaire Next Door author, Dr.

Our economy is still pretty good (except for gas prices!)

It may be decades until we see the markets of 5 years ago.As far as the downward trend and the sub-prime crisis as it relates to REOs, I think we will continue to head downward (it will get worse from an economy perspective) for another year or two then will turn upward.Of course the 'downturn' is when you buy and the 'upturn' is when you sell, if you choose to sell.The hardest part, of course, is getting the lenders to lend.

The bandits currently occupying the White House saw that the best way to make it appear that we have a functioning economy was to make borrowing as easy as possilbe.

Hopefully it wont take another 911 for you to understand go to utube.com type in iran i cant remember were its at on utube.com but next time i see news in real time i will add it to my favorites and post it here I do beleave there is something wrong going on the gov should stop inflation and focuse more on other countrys atacking us and they should get them 1st i no its an off topic but it all has to do with our economy so i belive its relavant!

The gang of bandits currently occupying the White House knew that the only way to make it appear the the US had a functioning economy was to make borrowing as easy as possible.