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Falling US Wages Threaten Consumer Spendind--

Started by Brooks2
almost 15 years ago
Posts: 2970
Member since: Aug 2011
Discussion about
What effect will this have on RE? http://www.bloomberg.com/news/2011-10-02/falling-wages-threaten-u-s-rebound-as-consumers-may-retrench-on-spending.html
Response by huntersburg
almost 15 years ago
Posts: 11329
Member since: Nov 2010

It will directly and immediately cut 2% off real estate prices.

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Response by stevejhx
almost 15 years ago
Posts: 12656
Member since: Feb 2008

Trickle-down.

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