Here we have a military base so there is always a need for housing. However, the last few years financing was so easy to get that most preferred new houses to existing ones. There was indeed an overbuilding and while they are selling, there are a lot of houses available.
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http://www.liveleak.com/view?i=9b2_1203429160>>>
>>>Is he even on the same planet as the rest of us?
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>>Our economy is down not because of the war, but because we built too many houses.
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>>I agree with that.
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>>That's why the mandatory solar panels on any new building should be done as soon as possible.
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>>It's not just about being green, its an important market control.
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>>Right now hundreds of thousands of houses are being built in the US, and they're going to sit empty.
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>>It's a very big problem.
>
>Thanks for that breaking news, Mike. I hadn't even suspected there was a problem in the U.S. housing market. Aren't prices still going up?
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