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Continues HERE - The Great Recovery Lie
The Worst Housing Sales in History & The Great “Recovery” Lie
Feb 24th, 2010 |
Today the news was announced by the Commerce Department that new home sales in January plummeted to record lows. At an annual sales rate of just 309,000 unites, this is the WORST NUMBER EVER in the records that go back nearly fifty years.
Put another way, we’ve never seen as low a number for new home sales in the history of this country. Of course, when the Pilgrims first arrived I can assure you that in those years there were less than 309,000 annual housing units sold.
The Commerce Department has only been keeping records of the number of new homes sold for the last half century. Before that, records were not kept. Nonetheless, today’s number is absolutely horrible: It’s the worst ever!