Archive for August, 2008

When Will it End?

marketwoesThe market slump may be over or it may extend for a couple more years according to experts. The market has somewhat stabilized but the prices are far from projections. The effects of the current slump would take years to recover and more has to be done to assure this doesn’t happen again.
Imagine the thousands of people who lost jobs when the market collapsed. These people should have been protected along with the homeowners who lost their homes in the blink of an eye. The market may be going up but to become competitive again, the market has to do away with the damage that is there. Hopefully, no more bad news comes from market experts who have been right so far as to the outlook of the whole market from the home owner up to the developers.